Government changes new lending rules after criticism
David Clark says new lending rules are not the main driver of a drop in lending though.
Brent Edwards
Fri, 11 Mar 2022
Hot Topic
Hawke’s Bay
The government is proposing to make changes to lending rules that critics have argued have prevented bona fide borrowers getting access to credit.
A drop in lending, particularly for mortgage finance, has been blamed on the Credit Contracts and Consumer Finance Act, which came into effect on
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Brent Edwards
Fri, 11 Mar 2022
Contact the Writer: brent@nbr.co.nz
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Government changes new lending rules after criticism
Politics,
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