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5 May 2024 16:12
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      Home > News > Business

    It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans

    It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans

    25 April 2024
    New Zealand's one of the few countries that doesn't apply indexation to loan totals -- meaning no adjustments to account for inflation.

    North Harbour Budgeting Services' David Verry says young Kiwis are better off sticking to the minimum loan-repayment amounts -- than rushing to pay it off as soon as possible.

    He says the longer people extend it out -- the less they're effectively paying back -- as inflation eats away at the total.
    04-24-24 1740

    © 2024 Newstalk ZB, NZCity


     Other Business News
     05 May: Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils
     04 May: A nightmare run for the Green Party as further accusations come out about Julie Anne Genter
     04 May: A man has been arrested after allegedly waving a knife at customers at a KFC in Nelson
     03 May: The Reserve Bank is hoping to give small towns greater access to cash as part of a new trial
     03 May: New Zealand Rugby boss Mark Robinson has deflected speculation on a big-money deal from Qatar... taking on the finals weekend for the new Nations Championship
     03 May: Frustration on both sides of the Pacific, amid the Government's trade dispute with Canada
     03 May: The Trade Minister's breaking out the lawyers to settle a trade dispute with Canada
     Top Stories

    RUGBY RUGBY
    Former New Zealand Rugby chair Brent Impey feels a Nations Championship hosted in Qatar is a smart move More...

    BUSINESS BUSINESS
    Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils More...


     Today's News

    		 Rugby:
    Former New Zealand Rugby chair Brent Impey feels a Nations Championship hosted in Qatar is a smart move 16:07

     Basketball:
    Another star turn from shooting guard Anthony Edwards has helped the Timberwolves get off to the perfect start in round two of the playoffs in basketball's NBA> 15:57

     Rugby:
    Confirmation injuries to two star members of the Black Ferns Sevens side have ruled them out of this afternoon's semifinal against Fiji at the World Series event in Singapore 15:47

     Entertainment:
    Ozzy Osbourne is pleased he started stem cell treatment for his Parkinson's disease 15:44

     Motoring:
    F1 Miami Grand Prix: McLaren driver Oscar Piastri starts sixth, Max Verstappen on pole 15:27

     Law and Order:
    An older person has been seriously injured in an apparent assault in central Auckland 15:27

     Entertainment:
    Kyle Richards and Mauricio Umansky have been "living separately" for a while 15:14

     Netball:
    The Pulse are confident they've got enough class in the midcourt to cover the loss of Maddy Gordon in this afternoon's ANZ Premiership battle with the Mystics in Auckland 14:57

     Rugby League:
    The Knight's inexperienced last line of defence is determined not to be caught out by the Warriors during this afternoon's NRL showdown in Newcastle 14:57

     Rugby League:
    Assistant coach Stacey Jones says no Kalyn Ponga doesn't necessarily mean no problems for the warriors in this afternoon's NRL clash in Newcastle 14:57

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