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

Nike. Are they doing it?
Opinion

Simon Robertson: Nike. Are they doing it?

Business models are incredibly important. Nike’s is flaying.

How to manage a commercial leasing dispute
Opinion

Georgina Toomey: How to manage a commercial leasing dispute

Relationships between tenants and landlords can sour. 

Georgina Toomey 25 Jul 2024
Black Swan digital disasters are looming
Opinion

Peter Griffin: Black Swan digital disasters are looming

We can learn much from the Crowdstrike outage about living with concentrated tech.

Peter Griffin 25 Jul 2024
KiwiSaver funds inch ahead
Opinion

David Chaplin: KiwiSaver funds inch ahead

Little separated the variety of KiwiSaver funds in the past quarter. 

David Chaplin 24 Jul 2024