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16 Jun 2025 6:58
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  •   Home > News > Politics

    Further signs the cost-of-living is hurting Kiwis

    Further signs the cost-of-living is hurting Kiwis


    Financial Services Complaints Limited has seen a 17 percent increase in financial complaints, and a 36 percent rise in disputes in the six months to December last year.

    They usually relate to car, personal, and credit cards loans - while issues with financial advisers are also growing.

    Financial Ombudsmen Susan Taylor says the increasing financial pressure, due to the higher cost of living and interest rates, is translating to a continuing rise in complaints.

    She expects the number of complaints to keep growing while those cost-of-living pressures remain.

    © 2025 Newstalk ZB, NZCity

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