Posts Tagged ‘news’

The RBNZ will need to be more aggressive on their monetary tightening intentions than the markets are expecting

The RBNZ will need to be more aggressive on their monetary tightening intentions than the markets are expecting

Roger J Kerr Summary of key points: – RBNZ dealing with a tricky, two-speed economy  Only a matter of time before global investors recognise stellar Australian economic performance RBNZ dealing with a tricky, two speed economy Whether the Reserve Bank of New Zealand (RBNZ) deliver fully or partially to prior market expectations in their monetary […]

The Credit Contracts & Consumer Finance Act – the case for a more ‘principles-based’ approach to affordability requirements

The Credit Contracts & Consumer Finance Act – the case for a more ‘principles-based’ approach to affordability requirements

By Jan Etwell, Scott Abel, Lara Wood, Rebecca Green, Amman Bulchandani & Simon Jensen* In December 2021, a sweeping range of amendments to the Credit Contracts and Consumer Finance Act 2003 (CCCFA) came into force that were designed to protect vulnerable people from predatory lending by some “mobile traders and truck shops” and solve the problem of […]