Lending
Controversial lending rules under investigation
Controversial new lending rules designed to protect borrowers from high-cost loans and unaffordable debt have been roundly criticised for forcing banks to take an overly zealous approach to consumer… Audio
New lending laws lock out many mortgage seekers
The Credit Contracts and Consumer Finance Act (CCCFA) regulations, came into force this month with the intention of protecting borrowers, but they are being described as a nightmare locking many… Audio
Student saving tips for 2021
Universities are kicking back in to gear for the year and that means lots of students are figuring out how everything works. It can be hard to know quite how to stay on top of things financially while… Audio
Fincap wants brakes on payday lenders during Covid-19 lockdown
A nationwide budgeting service wants online payday lenders shuttered during the country's lockdown period amid concern people desperate for money will turn to loan sharks. An interest rate cap on… Audio
Dairy farm sales plummet and prices fall
The Real Estate Institute says large dairy farms are now extremely difficult to sell and some banks are demanding much higher equity from potential buyers. Audio
What's behind the non-bank lending boom?
Non-bank lending is experiencing a boom, as more banks turn down borrowers and more borrowers sign up for "buy now, pay later schemes". KPMG has released its Non-Bank Financial Institutions… Audio
How the crackdown on loan sharks will work
How the government plans to crack down on people who are getting rich from lending to the poor. Audio
Solo mother carrying $30k debt not a unique case: budget advisor
A solo mother now works two jobs to keep on top of her debt, with only one day off every two weeks.
Budget advisers want limits set on cost of borrowing
Budget advisers want the government to look at limits on the total cost of borrowing, to stop people ending up trapped in a cycle of debt. Andrew Mitchell is a financial adviser with the Salvation… Audio
Reserve Bank moves on lending restrictions
Kathryn talks with RNZ's Economics Correspondent, Patrick O'Meara as the Reserve Bank signals whether it will ease lending restrictions for first home buyers. Audio
Are cautious banks busting home-buyers?
Banks are copping the blame for an increasing number of house sales falling over in Auckland because those lenders appear to be tightening up their lending - they won't sign off on the mortgages… Audio
Complaints against finance companies surge
Complaints against finance lenders have risen more than a third since a new legislative crackdown was introduced in 2015. Audio
Developers and investors head to non-bank lenders
Tighter lending controls and a more conservative approach by banks is driving a strong demand for non-bank sources of finance. Audio
The Reserve Bank proposes new lending restrictions
The Reserve Bank is proposing extending lending restrictions to try to cool the housing market. RNZ's business editor Gyles Beckford joins Kathryn to discuss the proposal. Audio
Loan sharks still flout rules - consumer group
A new code to promote responsible lending is starting to have an effect, but a lobby group says its not enough to stop dodgy lenders targeting vulnerable households.
Bank profit to be squeezed in 2016
Bank earnings and profits are likely to be squeezed next year due to a slowing economy and lower lending growth. Audio
Loan firm targets the banks for lending growth
A new peer to peer lender has the big banks in its sights for a share of the credit market, as it counts down to opening. Audio
Crowdfunding isn't seen as competition to angel network
The lending sector is becoming increasingly heavily populated - what with crowd funding, peer to peer lending, and angel investing along with the more traditional banking and finance companies. Audio
Banks lend more to businesses
The latest report has found the country's five major banks are lending more to businesses amid rising profits. Audio
More lending restrictions could push up costs of buying home
Home buyers will find it more difficult, and more expensive, or have to scrape together a much bigger deposit to get a mortgage if the Reserve Bank introduces new measures designed to take the heat… Audio