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8 Jul 2025 9:20
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  •   Home > News > Business

    The Government's being encouraged to take a tougher approach towards student debt

    The Government's being encouraged to take a tougher approach towards student debt


    Recent student loan data reveals 54 per cent of overseas-based borrowers, aren't taking "positive actions" towards repaying their loan.

    In fact, of the 1.5 billion dollars worth of debt that IRD considers overdue, more than 90 percent is owed by those living outside New Zealand.

    Former Revenue Minister Peter Dunne says everyone has an obligation to pay the money back so it's only right they do.

    He says stopping people at the border is an entirely appropriate step and should be encouraged .

    © 2025 Newstalk ZB, NZCity

     Other Business News
     08 Jul: A focus shift in the red meat sector's yielded strong export revenue for another month
     08 Jul: Iwi-owned commercial entities have outperformed some of New Zealand's largest listed companies
     07 Jul: The hard questions NZ must ask about the claimed economic benefits of fast-track mining projects
     07 Jul: Tweaks to the Family Boost scheme from this month - aiming to help combat high living costs, and cover people missing out
     07 Jul: The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month
     06 Jul: Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland
     05 Jul: The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales
     Top Stories

    RUGBY RUGBY
    The All Blacks have identified the contests under the high ball as an area they'll need to tidy up ahead of the second test against France in Wellington More...


    BUSINESS BUSINESS
    A focus shift in the red meat sector's yielded strong export revenue for another month More...



     Today's News

    International:
    Donald Trump announces goods from Japan and South Korea face 25 per cent tariffs from August 1 under new levy plans 9:07

    Entertainment:
    Kelly Carlson feels "shocked and saddened" by Julian McMahon's death 9:06

    Law and Order:
    No word yet, on whether Erin Patterson will appeal her guilty convictions in the Australian mushroom murder trial 8:57

    Cricket:
    Black Caps coach Rob Walter's given a maiden call up to pace bowler Matt Fisher as part of his first test squad for two non-World Championship matches against Zimbabwe starting this month 8:37

    Entertainment:
    Victoria Beckham feels "so proud" of the life she's built with Sir David Beckham 8:36

    Cycling:
    Stage three on cycling's Tour de France has been a case study in delight and disappointment 8:07

    Entertainment:
    Lala Kent hopes to become pregnant within the next 12 months 8:06

    Health & Safety:
    A Dunedin pub's under fire for attempting to bypass alcohol licensing requirements, to provide food for patrons at all times 7:47

    Entertainment:
    Julian McMahon has died at the age of 56 7:36

    Business:
    A focus shift in the red meat sector's yielded strong export revenue for another month 7:27


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