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4 May 2024 18:46
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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
     04 May: A Wellington businesswoman is claiming Green MP Julie Anne Genter grabbed her arm during a heated exchange
     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
     03 May: Frustration on both sides of the Pacific, amid the Government's trade dispute with Canada
     03 May: The Trade Minister's breaking out the lawyers to settle a trade dispute with Canada
     03 May: A push to keep New Zealand fashion alive
     Top Stories

    RUGBY RUGBY
    The Black Ferns Sevens have made it three from three at the Singapore World Series, beating Canada 31-7 More...

    BUSINESS BUSINESS
    A Wellington businesswoman is claiming Green MP Julie Anne Genter grabbed her arm during a heated exchange More...


     Today's News

    		 Entertainment:
    Alec Baldwin has compared his cocaine addiction to drinking coffee admitting he snorted the drug "all day long" for two years 18:44

     Swimming:
    A person's in hospital in a critical condition after a water incident at a Mount Albert swimming pool 18:37

     Netball:
    Netball first - and a shock result on Sky Sport: 18:17

     Entertainment:
    Melissa McCarthy is pleased Barbra Streisand knows who she is 18:14

     Entertainment:
    Chris Hemsworth was furious over reports which falsely suggested he was retiring from Hollywood after his Alzheimer's disease bombshell 17:44

     Accident and Emergency:
    Emergency services are responding to reports of a crash on a rural property near Gore in Southland 17:27

     Entertainment:
    Kim Kardashian's romance with Odell Beckham Jr. has "fizzled out" 17:14

     Rugby:
    The Black Ferns Sevens have made it three from three at the Singapore World Series, beating Canada 31-7 16:57

     Entertainment:
    Kelly Osbourne says the "scariest things" she's ever experienced were her parents' medical emergencies 16:44

     Rugby League:
    A hip injury has ruled Rabbitohs captain Cameron Murray out of the State of Origin rugby league series opener... as South Sydney's horror season went from bad to worse 16:17

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