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24 Apr 2024 13:20
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      Home > News > Politics

    The Government's taking a bite out of loan sharks

    The Government's taking a bite out of loan sharks


    The Credit Contracts Legislation Amendment Bill has passed its third reading.

    Commerce and Consumer Affairs Minister Kris Faafoi says too many Kiwis get unaffordable and unsuitable loans - trapping them in debt.

    The new legislation is taking effect on April 1, 2021.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     24 Apr: After a shock announcement in March, the Ministry for Disabled People has clarified its changes to spending rules
     24 Apr: The Children's Minister may find out today if she can be summoned to front the Waitangi Tribunal
     24 Apr: Farmers see RMA reform as common sense returning to the farm gate
     23 Apr: Sheep farmers are being urged to hang on
     23 Apr: The Prime Minister says a multi-million dollar cash boost for clean energy in Asia is money well spent
     23 Apr: Resident doctors are set to take to the streets, protesting a recent pay offer
     22 Apr: Painful living costs may be driving down concern about climate change
     Top Stories

    RUGBY RUGBY
    The Crusaders players are rallying around Rob Penney as the external pressure intensifies over his coaching future More...

    BUSINESS BUSINESS
    After a shock announcement in March, the Ministry for Disabled People has clarified its changes to spending rules More...


     Today's News

    		 Law and Order:
    Gisborne police are appealing for witnesses to a sexual assault near the Boardwalk, on April 9 13:07

     Entertainment:
    Salma Hayek is "so honoured" to have been invited to Victoria Beckham's 50th birthday party 13:03

     Entertainment:
    Harry Belafonte "died laughing", according to his daughter Shari 12:33

     General:
    No lack of satisfaction and smiles for kayaker Aimee Fisher after confirmation of her return to the Olympic arena 12:27

     Entertainment:
    Dame Julie Andrews "doubted" she would ever make it as a star 12:03

     Business:
    After a shock announcement in March, the Ministry for Disabled People has clarified its changes to spending rules 11:57

     Soccer:
    Arsenal's heaped pressure on chasers Liverpool and Manchester City with a 5-nil Premier League drubbing of Chelsea at the Emirates 11:47

     Entertainment:
    Candace Cameron Bure "can't wait" to become a grandmother 11:33

     Rugby:
    The Crusaders players are rallying around Rob Penney as the external pressure intensifies over his coaching future 11:27

     Health & Safety:
    An investigation's concluded a rat foot reportedly found in garlic bread - must have been introduced in the home 11:07

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