CCCFA
CCCFA bites some finance applications, but still a solid month for new vehicle sales in January as stock levels for some models replenish
3rd Feb 22, 3:43pm
6
CCCFA bites some finance applications, but still a solid month for new vehicle sales in January as stock levels for some models replenish
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
3rd Feb 22, 10:43am
27
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
Centrix questions if we are facing the next great credit crunch, as borrowers face more hoops to jump through
2nd Feb 22, 1:20pm
8
Centrix questions if we are facing the next great credit crunch, as borrowers face more hoops to jump through
MBIE review of new lending rules to report back by April; David Clark suggests impact of CCCFA changes may be exaggerated because some banks weren't complying with the old rules
31st Jan 22, 11:27pm
74
MBIE review of new lending rules to report back by April; David Clark suggests impact of CCCFA changes may be exaggerated because some banks weren't complying with the old rules
Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market
31st Jan 22, 6:03pm
29
Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market
Financial consultant Geof Mortlock calls for independent reviews of the CCCFA and LVR changes that are tightening credit conditions
30th Jan 22, 6:00am
116
Financial consultant Geof Mortlock calls for independent reviews of the CCCFA and LVR changes that are tightening credit conditions
Gareth Vaughan makes 5 predictions for 2022 looking at Covid-19, climate change, bank lending, the RBNZ & rising interest rates
22nd Dec 21, 10:15am
152
Gareth Vaughan makes 5 predictions for 2022 looking at Covid-19, climate change, bank lending, the RBNZ & rising interest rates
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
16th Dec 21, 5:00am
69
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
David Hargreaves highlights some of the issues he's looking out for in 2022 and ponders what's looking increasingly like a very unpleasant legacy of the global pandemic
9th Dec 21, 10:03am
148
David Hargreaves highlights some of the issues he's looking out for in 2022 and ponders what's looking increasingly like a very unpleasant legacy of the global pandemic
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
7th Dec 21, 9:12am
39
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
Changes to consumer lending rules from December 1 bring increased requirement to verify borrower information and assess suitability
17th Nov 21, 8:14pm
13
Changes to consumer lending rules from December 1 bring increased requirement to verify borrower information and assess suitability
Commerce Commission finds lenders and car dealers not always upfront about vehicle add-ons
10th Nov 21, 5:41pm
2
Commerce Commission finds lenders and car dealers not always upfront about vehicle add-ons
Government consultation paper floats three options for addressing financial hardship caused by the buy now, pay later sector
9th Nov 21, 6:35pm
17
Government consultation paper floats three options for addressing financial hardship caused by the buy now, pay later sector
Westpac NZ annual profit bounces back after major reversal in loan impairments
1st Nov 21, 10:23am
9
Westpac NZ annual profit bounces back after major reversal in loan impairments
Class action filed against ANZ and ASB alleging they failed to refund some 150k customers millions of dollars they weren't allowed to take or keep
29th Sep 21, 2:52pm
3
Class action filed against ANZ and ASB alleging they failed to refund some 150k customers millions of dollars they weren't allowed to take or keep
Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers
25th Sep 21, 9:41am
2
Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers
Government delaying start of the Credit Contracts Legislation Amendment Act by two months due to community battle with Covid-19
9th Sep 21, 5:25pm
Government delaying start of the Credit Contracts Legislation Amendment Act by two months due to community battle with Covid-19
Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business
15th Jul 21, 10:04am
3
Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business
Concerned about any consumer harm from buy now, pay later services, Commerce and Consumer Affairs Minister David Clark says government to consult on possible regulation
9th Jun 21, 9:15am
6
Concerned about any consumer harm from buy now, pay later services, Commerce and Consumer Affairs Minister David Clark says government to consult on possible regulation
The Commerce Commission's Anna Rawlings explains some of the latest changes to our credit law, and what it means to be a Fit and Proper director or senior manager
31st May 21, 10:33am
2
The Commerce Commission's Anna Rawlings explains some of the latest changes to our credit law, and what it means to be a Fit and Proper director or senior manager
Commerce Commission says Moola charged unreasonable credit and default fees in 2016 and 2017; commission still has an 'irresponsible lending' High Court case against Moola
3rd Mar 21, 10:36am
Commerce Commission says Moola charged unreasonable credit and default fees in 2016 and 2017; commission still has an 'irresponsible lending' High Court case against Moola
Australian financial services industry rolls out Code of Practice for buy now pay later sector designed to stave off government regulation
2nd Mar 21, 8:48am
Australian financial services industry rolls out Code of Practice for buy now pay later sector designed to stave off government regulation
Commerce Commission warns BNZ after deciding issues the bank self reported 'likely breached' responsible lending and disclosure obligations under the Credit Contracts and Consumer Finance Act
2nd Dec 20, 9:24am
1
Commerce Commission warns BNZ after deciding issues the bank self reported 'likely breached' responsible lending and disclosure obligations under the Credit Contracts and Consumer Finance Act
Australian Securities and Investments Commission says about 20% of buy now pay later users cutting back on, or going without, essentials such as food in order to make their payments
17th Nov 20, 8:06am
Australian Securities and Investments Commission says about 20% of buy now pay later users cutting back on, or going without, essentials such as food in order to make their payments
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
15th Sep 20, 5:00am
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation