For most businesses, applying for capital can mean a mountain of paperwork and precious time spent, so Kiwibank has provided a quicker way to do it instead. The idea of a business doing so well that it’s expanding seems bizarre in this day and age. It flies in the face of the economic climate and … Read more
If you own a small- or medium-sized business, finding and accessing financial support amid all the noise and information can be overwhelming. So we’ve put together a list of what’s out there. Government support The Covid-19 wage subsidy With $11 billion paid out over the past three months, the government’s wage subsidy is the first … Read more
Good morning, and welcome to The Bulletin. In today’s edition: Crackdown coming on dodgy lending practices, Fonterra revises forecast down again, and a new twist in the Simon Bridges expense leak tale. The government has launched a long-signalled crackdown on predatory lenders and the interest they’re able to charge, reports Radio NZ. Interest will be capped at … Read more
In 2014, New Zealand was one of the first countries to legalise peer-to-peer lending. Jihee Junn takes a look at what effect it’s had on the country’s borrowers, lenders and financial institutions three years on. You might not remember much of it, but a lot of stuff happened back in 2014: John Key romped home … Read more