News | Business
24 May 2022 11:19
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    It may be some time before new changes to consumer finance laws are reviewed

    It may be some time before new changes to consumer finance laws are reviewed


    As of December, banks can crack down on borrowers spending, before loans are approved.

    It means even your weekly coffees can have an impact on how much you can borrow.

    Financial Advice New Zealand has written to Commerce Minister David Clark, requesting an urgent meeting ... but hasn't yet heard back.

    A Government spokesperson says officials are aware of the concerns, and MBIE will be engaging further with lenders and consumer advocates ... once the new law has had a chance to settle in.

    © 2022 Newstalk ZB, NZCity

     Other Business News
     24 May: Business, economic and youth leaders are gathering in Auckland, for a korero on the city's future
     24 May: Seismic global events have left the milk market on shaky ground
     23 May: The opening of Christchurch's city centre stadium has been again pushed back
     23 May: A better picture of Ikea's inaugural New Zealand store at Sylvia Park
     23 May: A huge result for one of the largest sharemarket listed landlords on the NZX
     23 May: The resale value of residential real estate... is slightly weakening
     23 May: The residential property downturn's effects are beginning to snowball
     Top Stories

    RUGBY RUGBY
    Aniwaka Haumaha is facing a hectic few months More...


    BUSINESS BUSINESS
    Business, economic and youth leaders are gathering in Auckland, for a korero on the city's future More...



     Today's News

    Entertainment:
    Alfie Allen is "in shock" over his Tony nomination 11:09

    Politics:
    A smokefree campaigner has been appointed to lead a group reviewing our electoral law 11:00

    Law and Order:
    Police have arrested a man after a gun was fired in Waikato's Horotiu on Sunday night 10:50

    Entertainment:
    Kim Kardashian has filed an emergency restraining order against an alleged stalker 10:39

    Environment:
    Dunedin residents have been jolted awake by a short, sharp earthquake this morning 10:30

    Law and Order:
    Police are continuing to look for a Christchurch teenager, who hasn't been seen for more than three days 10:10

    Entertainment:
    A nude protester stormed the red carpet at Cannes Film Festival 10:09

    Environment:
    Aniwaka Haumaha is facing a hectic few months 10:00

    Law and Order:
    Teenage boy charged with murder of man in Bull Creek after alleged dispute over bicycle 10:00

    Entertainment:
    Wendy Williams is "not in agreement" with a court-appointed financial guardian 9:39


     News Search






    Power Search


    © 2022 New Zealand City Ltd