Jumping the loan shark

Jumping the loan shark
Can David Clark rehabilitate his reputation by sorting out this mortgage muddle? (Image: Getty)
Paul McBeth
Changes to consumer credit laws were pitched as being a way to loosen the noose around the necks of the country’s most vulnerable borrowers by running predatory lending out of town.And to be fair to Kris Faafoi, who oversaw the legislative changes, it will largely do just that.However, in a classic case of bureaucratic overreach, it’s also stretched into middle New Zealand’s pockets by hitting prospective home buyers with reams of paperwork and forensic investigations into what takeaways a potential mortgage holder may or may...

More Opinion

Don't be a Muppet when it comes to investing
Opinion

Simon Robertson: Don't be a Muppet when it comes to investing

If you've invested in NZ or Australian markets, you're a Muppet. 

To flex or not to flex
Law & Regulation

Bronwyn Heenan: To flex or not to flex

It's time to review flexible working policies to ensure they're fit for purpose.

Bronwyn Heenan 21 Jun 2024
Fast-food chain float could give Fonterra a steer
Finance

Brian Robins: Fast-food chain float could give Fonterra a steer

After a dearth of IPOs, all eyes are on Guzman y Gomez. 

Brian Robins 20 Jun 2024
More leading, less cheering needed in business development portfolio
Opinion

Peter Griffin: More leading, less cheering needed in business development portfolio

The government wants to double exports - but then cuts budgets. 

Peter Griffin 20 Jun 2024