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20 May 2024 7:34

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Rising rent? Mega mortgage? Cozzielivs? 'Hardship' help hard to get, as banks fail to help those who need it

NZSE40 - Past 30 Days

20 May 2024

A new ASIC report says banks aren't doing what the law says they must do to help customers in trouble, as the proportion of borrowers in strife rises due to high interest rates, rocketing rents and increases in the cost of living.

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Police have been called to a business on Godley Road, in Auckland's Green Bay, following a report of a robbery shortly after 5 this evening
	19 May: Police have been called to a business on Godley Road, in Auckland's Green Bay, following a report of a robbery shortly after 5 this evening... more

Softening performance in the property market - reflecting external factors at play
	19 May: Softening performance in the property market - reflecting external factors at play... more

Small business owners are feeling optimistic their messages on retail crime came across to officials
	19 May: Small business owners are feeling optimistic their messages on retail crime came across to officials... more

Hospitality owners in the capital are hoping for a successful night for the Wellington Phoenix
	18 May: Hospitality owners in the capital are hoping for a successful night for the Wellington Phoenix... more

Hopes improved growing conditions so far this yea,r can see more broccoli on supermarket shelves
	18 May: Hopes improved growing conditions so far this yea,r can see more broccoli on supermarket shelves... more

The hospitality sector is holding up despite economic challenges
	18 May: The hospitality sector is holding up despite economic challenges... more

Interest rates continue to hold back house price growth
	18 May: Interest rates continue to hold back house price growth... more

A study of four key infrastructure services has opened the conversation as to how we price them
	17 May: A study of four key infrastructure services has opened the conversation as to how we price them... more

The big boss at The Warehouse has quit, effective immediately
	17 May: The big boss at The Warehouse has quit, effective immediately... more

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Most Popular Recent Business News

04 May: A man has been arrested after allegedly waving a knife at customers at a KFC in Nelson ++++++++++++++++++++

25 Apr: It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans ++++++++++++++++++

06 May: Concerns the Government's putting business ahead of children and teachers ++++++++++++++++

02 May: An independent review has found the buck stops with NZQA, for the problems with multiple digital exams +++++++++++++++

27 Apr: Pressure's on the Government to deliver for people come Budget day ++++++++++++++

30 Apr: Confirmation overall NCEA pass rates declined in 2023, compared to the year before ++++++++++++++

25 Apr: Some tourist hotspots across New Zealand will be exempt from Anzac trading laws this morning +++++++++++

Business NewsLinks

20 May: Trusted places to get free business advice (Stuff.co.nz)

20 May: Redundancies and losses – a tough week for hospo boss (Stuff.co.nz)

19 May: Businessman and lions rugby player tony o'reilly dies after short illness (BBCWorld)

18 May: First apprentice wedding 'like an alan sugar task' (BBCWorld)

18 May: Francis ford coppola talks trump, self-financing megalopolis and why he has no regrets (RadioNZ)

18 May: Best laptops for college students 2024: top picks and expert advice (PC World)

18 May: Firefox 126 is here: more security, less tracking, and faster facebook (PC World)

18 May: Ticket tout queen who 'acted out of greed' jailed (BBCWorld)

more Business newslinks >>

Top Stories

RUGBY
The Mainland Tactix are back in the win column after a 53-44 victory over the Southern Steel in Christchurch More...

BUSINESS
Rising rent? Mega mortgage? Cozzielivs? 'Hardship' help hard to get, as banks fail to help those who need it More...

Today's News

Rugby League:
Warriors coach Andrew Webster has pointed to the club's New South Wales Cup team as the key behind a break-out performance from back-up fullback Taine Tuaupiki in their NRL league win over the Panthers 7:27

International:
Max Verstappen wins F1 Emilia Romagna Grand Prix, holding off Lando Norris 7:27

Motoring:
Supercar drivers Ryan Wood and Matthew Payne have finished eighth and ninth respectively in the second Perth SuperSprint race of the weekend 7:17

Health & Safety:
Argument that a doctor continuing to practice after being found guilty of sexual misconduct, is a patient safety issue 7:07

Business:
Rising rent? Mega mortgage? Cozzielivs? 'Hardship' help hard to get, as banks fail to help those who need it 7:07

Rugby League:
Red Bull's Max Verstappen has won the Formula One grand prix at Imola 6:57

Motorsports:
Andre Heimgartner has qualified the best of the Kiwis in eighth for tonight's race ten of the Supercars Championship in Perth 21:56

Business:
Police have been called to a business on Godley Road, in Auckland's Green Bay, following a report of a robbery shortly after 5 this evening 21:16

Law and Order:
Police are making enquiries after a man was found dead in Invercargill this morning 18:56

Rugby:
The Mainland Tactix are back in the win column after a 53-44 victory over the Southern Steel in Christchurch 18:36

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