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20 Feb 2025 7:51
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  •   Home > News > Politics

    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


    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

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     19 Feb: Auckland's mayor asking for the chance to finish the job he's started
     19 Feb: The Prime Minister does NOT agree with Te Pati Maori's claims a probe into alleged data misuse was politically and racially motivated
     19 Feb: With billions in ‘profit’ exempt from tax, changes to NZ’s charity rules are long overdue
     19 Feb: The Workplace Relations Minister's gone head to head with the country's main union -- over law changes around strikes
     19 Feb: Economic ‘green shoots’ and lower interest rates disguise worrying trends in NZ’s job market
     19 Feb: Donald Trump is testing the limits of his presidential powers, and some people fear a crisis is coming
     18 Feb: Australia's Reserve Bank has lowered its interest rates for the first time since 2020
     Top Stories

    RUGBY RUGBY
    All Blacks Cortez Ratima and Samipeni Finau will remain as reserves for the Chiefs as they prepare to host the Crusaders in Super Rugby tomorrow More...


    BUSINESS BUSINESS
    New Zealand's transition to shorter-term fixed interest rates, looks set to pay off More...



     Today's News

    Soccer:
    Chris Wood and Erling Haaland are set to meet on football's international stage 7:47

    Rugby:
    All Blacks Cortez Ratima and Samipeni Finau will remain as reserves for the Chiefs as they prepare to host the Crusaders in Super Rugby tomorrow 7:37

    International:
    Australia and Papua New Guinea to begin negotiations on new defence treaty 7:27

    Law and Order:
    Queenstown locals are slamming the 'gross behaviour' of freedom campers - including using roadsides as toilets, and bathing in Lake Wakatipu 7:27

    Entertainment:
    'Conclave' was named Best Film at the EE BAFTA Film Awards 7:24

    Business:
    New Zealand's transition to shorter-term fixed interest rates, looks set to pay off 7:17

    Law and Order:
    Five Israeli soldiers charged over horrific abuse of Palestinian man at infamous Sde Temain jail 7:07

    Entertainment:
    'Conclave' and 'The Brutalist' were the big winners at the EE BAFTA Film Awards 6:54

    Entertainment:
    Adrien Brody felt "so grateful" to be named Best Leading Actor at the EE BAFTAs 6:24

    Rugby:
    Chiefs coach Clayton McMillan sees the Josh Jacomb -Damian McKenzie 10-15 arrangement as a short-term fix, after naming them again in those respective jerseys for tomorrow's Super Rugby match with the Crusaders in Hamilton 5:37


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