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6 May 2024 8:13
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      Home > News > Business

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

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

    25 April 2024
    New Zealand's one of the few countries that doesn't apply indexation to loan totals -- meaning no adjustments to account for inflation.

    North Harbour Budgeting Services' David Verry says young Kiwis are better off sticking to the minimum loan-repayment amounts -- than rushing to pay it off as soon as possible.

    He says the longer people extend it out -- the less they're effectively paying back -- as inflation eats away at the total.
    04-24-24 1740

    © 2024 Newstalk ZB, NZCity


     Other Business News
     06 May: New numbers show the impact the fashion sector has on the local economy
     06 May: New Zealanders are being urged not to let their insurance lapse, as premiums continue to rise at recent pace
     05 May: Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils
     04 May: A nightmare run for the Green Party as further accusations come out about Julie Anne Genter
     04 May: A man has been arrested after allegedly waving a knife at customers at a KFC in Nelson
     03 May: The Reserve Bank is hoping to give small towns greater access to cash as part of a new trial
     03 May: New Zealand Rugby boss Mark Robinson has deflected speculation on a big-money deal from Qatar... taking on the finals weekend for the new Nations Championship
     Top Stories

    RUGBY RUGBY
    The Black Ferns Sevens are through to the final at the latest World Sevens event in Singapore More...

    BUSINESS BUSINESS
    New numbers show the impact the fashion sector has on the local economy More...


     Today's News

    		 Soccer:
    The Phoenix will meet the Victory in the A-League football semi-finals - a team they haven't lost to this season 8:07

     Business:
    New numbers show the impact the fashion sector has on the local economy 7:57

     Rugby League:
    Warriors coach Andrew Webster suspects Kurt Capewell might be out of NRL league action for several weeks 7:57

     Law and Order:
    A rise in the number of dog attacks in Auckland is being put down to complacency among owners 7:47

     Politics:
    New numbers show half of youth offenders in remand homes, simply walk out 7:37

     International:
    How modelling agent Chelsea Bonner is taking on artificial intelligence to avoid 'cataclysmic step backwards' for industry 7:27

     Environment:
    It's set to be another chilly night across the South Island 7:17

     Business:
    New Zealanders are being urged not to let their insurance lapse, as premiums continue to rise at recent pace 7:07

     International:
    These Russian convict soldiers earned their freedom in Ukraine. When they got home, some killed again 7:07

     Law and Order:
    Serious concerns over the increasing rate of dog attacks on children 6:47

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