Cautious consumers will be like Scrooge this Christmas Dun and Bradstreet

Wed, 03 Oct 2012

By Hannah Lynch Oct 3 (BusinessDesk) - Kiwis look set to tighten their purse strings this Christmas with more than two-thirds of people less likely to spend on non-essentials compared to the same time last year. Some 63 percent of New Zealanders intend to avoid making major purchases, such as a car, television, home improvement project or a holiday in the December quarter, according to credit checking agency Dun & Bradstreet consumer credit expectations survey. The survey found 54 percent of kiwis are worried about their current financial...

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