But bank says the government rules stop it from helping.
Tag: Money. Showing results 1 - 10 of 101 in News
Showing results 1 - 10 of 101
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Law passed to stop loan sharks targeting low-income whānau
Today the Government announced a new law that will stop low-income whānau from being targeted by loan sharks.
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Economist says Govt could print money to save businesses from financial crisis
According to an economist, the New Zealand Government has the ability to print money, which he believes could be the answer to financially supporting business and whānau affected by the COVID-19 lockdown.
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NewsLong-term financial insecurity a concern for whānau in South Island in lockdown
Māori whānau living in the South Island are experiencing anxiety about their longer-term financial insecurity due to the COVID-19 lockdown.
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Pēke Kā- money management software for kura kaupapa kids
New financial literacy software has been created to educate tauira on how to be smart with their money. Two years in the making, Pēke Kā is entirely in te reo Māori and caters to rangatahi in kura kaupapa Māori and Māori immersion.
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Woman's shock at $12mil bank balance
A Papatoetoe woman who found her ANZ account had been frozen was shocked to hear that $12mil had been mistakenly credited to her by the Inland Revenue Department.
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Govt surplus 'fictitious' says economist
Economist Ganesh Nana is calling the government's surplus 'fictitious' with large social deficits still in need of addressing. This follows the government's announcement yesterday of a $5.5bil surplus from the past financial year.
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Govt to cap interest rates on high-cost loans
The government is targeting "predatory" loan sharks and truck shops by bringing in tougher measures to stop people spiraling into debt.
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Tourists visiting NZ to pay new $35 levy fee
From mid-way next year a new visitor levy free is expected to raise $80mil a year to go toward tourism infrastructure and conservation projects.
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Swift capping on loan sharks needed
A budgeting support worker says increasing penalties for irresponsible lending by loan companies should put a stop to loan sharks targeting vulnerable families.
