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8 May 2024 10:43
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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
     08 May: Dairy prices are up 1.8 percent at this morning's latest Global Dairy Trade auction
     08 May: First home buyers are upping their presence in the property market
     07 May: Briscoe Group boss Rod Duke says the company is defying economic gravity with its latest rise in first-quarter sales
     07 May: The country's largest bank has increased its cash profit, despite falling interest margins
     07 May: Rocket Lab's reported a 69-percent year-on-year revenue growth for the first quarter of the year
     07 May: The OECD has put our slow productivity back in the spotlight
     07 May: The slashed earnings forecast for Tourism Holdings is largely due to sinking vehicle sales
     Top Stories

    RUGBY RUGBY
    Former All Black Jeffery To'omaga-Allen's enjoying every minute of an unexpected return to Super Rugby with the Queensland Reds More...

    BUSINESS BUSINESS
    Dairy prices are up 1.8 percent at this morning's latest Global Dairy Trade auction More...


     Today's News

    		 Accident and Emergency:
    A truck crash is causing delays on State Highway 1 south of Levin 10:27

     Law and Order:
    The Ponsonby Road homicide suspect, found dead, was a member of the Killer Bees gang 10:17

     Entertainment:
    Lucien Laviscount thinks Shakira is "one of the most beautiful women" he has ever met 10:15

     Living & Travel:
    Gaza aid 'choked off' after Israel seizes Rafah border crossing 10:07

     Entertainment:
    Tom Selleck "wasn't taken seriously" early on in his career 9:45

     Law and Order:
    Police are about to provide an update on a major development, following Sunday night's fatal shooting on Auckland's Ponsonby Road 9:27

     Entertainment:
    Prince William used to contact his favourite radio programmes under a fake name 9:15

     Entertainment:
    Madonna has closed out her 'Celebration' tour with a record-breaking concert in Brazil 8:45

     Politics:
    A King's Council who complained about tikanga Maori being made compulsory in law studies, is hopeful a Government committee listens to his concerns 8:37

     Sailing:
    Isaac McHardie and Will McKenzie sit third after the opening day of 49er class racing at the European championships in the south of France near Montpellier 8:17

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