consumer debt
KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
14th Feb 19, 5:00am
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KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
ANZ NZ to stop offering Mastercard credit cards in April as it goes exclusive with rival Visa
12th Feb 19, 9:43am
ANZ NZ to stop offering Mastercard credit cards in April as it goes exclusive with rival Visa
The emergence and growth of 'buy now, pay later' services has caught the eye of competitors and regulators. Stephen Forbes takes a look at the fast growing sector
1st Feb 19, 12:16pm
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The emergence and growth of 'buy now, pay later' services has caught the eye of competitors and regulators. Stephen Forbes takes a look at the fast growing sector
Minister of Commerce and Consumer Affairs Kris Faafoi establishing new regulatory powers targeting new credit products
30th Jan 19, 5:00am
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Minister of Commerce and Consumer Affairs Kris Faafoi establishing new regulatory powers targeting new credit products
Credit card users should take advantage of low-interest cards, balance-transfer deals & interest-free periods, Commerce & Consumer Affairs Minister Kris Faafoi says
17th Dec 18, 5:00am
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Credit card users should take advantage of low-interest cards, balance-transfer deals & interest-free periods, Commerce & Consumer Affairs Minister Kris Faafoi says
Credit card market 'a real area of customer harm', says The Co-operative Bank's CEO David Cunningham
11th Dec 18, 5:00am
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Credit card market 'a real area of customer harm', says The Co-operative Bank's CEO David Cunningham
Gareth Vaughan argues credit cards should be the first target for our regulators if they're serious about making banks protect or enhance customer interests & outcomes
10th Nov 18, 10:02am
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Gareth Vaughan argues credit cards should be the first target for our regulators if they're serious about making banks protect or enhance customer interests & outcomes
Licensed P2P lender Harmoney says it has facilitated loans across New Zealand and Australia valued at $1 billion
8th Nov 18, 7:45am
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Licensed P2P lender Harmoney says it has facilitated loans across New Zealand and Australia valued at $1 billion
Benefits of making lenders disclose the effective cost of credit, by combining interest rates & fees, deemed not sufficient to warrant the costs and complexities, MBIE says
1st Nov 18, 2:25pm
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Benefits of making lenders disclose the effective cost of credit, by combining interest rates & fees, deemed not sufficient to warrant the costs and complexities, MBIE says
Need some flex for whatever's next? Be prepared to pay heaps. We mystery shop the current Gem Finance personal loan offer
26th Oct 18, 11:49am
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Need some flex for whatever's next? Be prepared to pay heaps. We mystery shop the current Gem Finance personal loan offer
MBIE strongly opposed to the introduction of a comprehensive creditor licensing regime as part of government's loan shark crackdown
23rd Oct 18, 2:51pm
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MBIE strongly opposed to the introduction of a comprehensive creditor licensing regime as part of government's loan shark crackdown
Interest-free 'buy now pay later' products such as Afterpay, PartPay, Laybuy and Oxipay, to remain outside the CCCFA, MBIE says
12th Oct 18, 10:58am
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Interest-free 'buy now pay later' products such as Afterpay, PartPay, Laybuy and Oxipay, to remain outside the CCCFA, MBIE says
A lack of ability to assess financial costs and benefits seems to be behind most people choosing a credit card that isn't right for them. Optimism bias is at work here too
10th Oct 18, 1:53pm
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A lack of ability to assess financial costs and benefits seems to be behind most people choosing a credit card that isn't right for them. Optimism bias is at work here too
Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
10th Oct 18, 10:10am
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Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
Reserve Bank data shows non-bank financial institutions growing housing and consumer lending strongly
2nd Oct 18, 2:12pm
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Reserve Bank data shows non-bank financial institutions growing housing and consumer lending strongly
Bernstein's Michael Parker takes a look at the growth of Chinese consumer debt and concludes that it may well be a problem, but not for a long time yet
12th Sep 18, 12:11pm
Bernstein's Michael Parker takes a look at the growth of Chinese consumer debt and concludes that it may well be a problem, but not for a long time yet
Gareth Vaughan on when climate change was almost stopped, the theft of the century, debt piled on your children's children, tech bubbles, easy debt and a declining ability to think long-term & more
17th Aug 18, 10:04am
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Gareth Vaughan on when climate change was almost stopped, the theft of the century, debt piled on your children's children, tech bubbles, easy debt and a declining ability to think long-term & more
Ex-PM & ANZ NZ chairman John Key tells Mike Hosking of rising loan delinquencies & problems ahead for the global economy. Finance Minister Grant Robertson & ANZ respond
30th Jul 18, 11:04am
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Ex-PM & ANZ NZ chairman John Key tells Mike Hosking of rising loan delinquencies & problems ahead for the global economy. Finance Minister Grant Robertson & ANZ respond
As NZ regulators investigate banks' conduct & culture they should take a leaf out of ASIC's book and probe the credit card market too, Gareth Vaughan argues
5th Jul 18, 1:54pm
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As NZ regulators investigate banks' conduct & culture they should take a leaf out of ASIC's book and probe the credit card market too, Gareth Vaughan argues
Gareth Vaughan argues the flawed Financial Service Providers' Register is a factor in consumer lending problems & it should be dumped with consumer lenders licensed
29th Jun 18, 5:00am
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Gareth Vaughan argues the flawed Financial Service Providers' Register is a factor in consumer lending problems & it should be dumped with consumer lenders licensed
Ministry of Business, Innovation & Employment discussion paper details how caps on consumer lender's interest rates and fees might work
28th Jun 18, 10:21am
Ministry of Business, Innovation & Employment discussion paper details how caps on consumer lender's interest rates and fees might work
Government to strengthen consumer credit laws as it aims to stop people getting caught in 'appalling debt spirals' that are very difficult to escape
27th Jun 18, 10:00am
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Government to strengthen consumer credit laws as it aims to stop people getting caught in 'appalling debt spirals' that are very difficult to escape
UBS points out APRA's focus on debt-to-income levels may significantly reduce the borrowing capacity of many would-be Aussie home buyers
21st Jun 18, 10:52am
UBS points out APRA's focus on debt-to-income levels may significantly reduce the borrowing capacity of many would-be Aussie home buyers
Government review of Credit Contracts and Consumer Finance Act includes a look at credit card interest rates
12th Jun 18, 12:07pm
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Government review of Credit Contracts and Consumer Finance Act includes a look at credit card interest rates
A look ahead to phase 2 of the RBNZ Act review, a warning to non-bank lenders, a telling off for Westpac, open banking, BKBM & internal models discrepancies
31st May 18, 1:44pm
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A look ahead to phase 2 of the RBNZ Act review, a warning to non-bank lenders, a telling off for Westpac, open banking, BKBM & internal models discrepancies