Article tagged with 'financial hardship'
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Credit cards, complaints & confidence - the banking rundown
16 Apr 2025 - From a 66% credit card payoff rate to quicker complaint resolutions, the banking sector’s latest stats reveal how Kiwis are navigating their finances. While some are switching to interest-only repayments or seeking hardship assistance, many are staying ahead on loans and spendin...
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Big increase in home loans made by banks
16 Apr 2025 - Despite a recession, the number and value of home loans were up by 21% in the second half of last year, compared to the first half.
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Struggling savers draining retirement funds to cover living costs
11 Feb 2025 - KiwiSaver members are repeatedly dipping into their funds to get them out of financial hardship in some cases to the extent they’re landing back at a zero balance.
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Confidence up but wealth gap grows
14 Jul 2021 - New Zealanders’ perceptions of wealth, investment and material well-being has seen a major rebound since June 2020 with a significant reduction in the number of Kiwis struggling to make ends meet.
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Financial stress – more common than you might think
13 Jul 2021 - Recently we have examined the question of vulnerable customers and the Human Rights Commission report on vulnerable people has been central to our thinking.
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Fidelity Life steps up for Canterbury farmers
04 Jun 2021 - Fidelity Life is helping its farming customers affected by the recent Canterbury floods with a special financial relief offer.
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How many people are still asking for home loan help?
24 Nov 2020 - While it has been several months since our last lockdown, a steady stream of people continue to ask for help on their home and business loans.
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Mortgage deferral scheme extended to March
17 Aug 2020 - The Reserve Bank has confirmed the mortgage deferral scheme will be extended until March next year following the second Covid-19 prompted lockdown in Auckland.
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Wind up emergency tenancy provisions now - REINZ
12 Jun 2020 - Emergency tenancy provisions introduced because of Covid-19 are now doing more harm than good so it’s time to bring them to an end, the Real Estate Institute says.
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Cigna confirms hardship policy
08 Apr 2020 - Cigna has revealed its Covid-19 hardship policy, which it says is designed to take financial pressure off customers.