New commerce minister blames industry for CCCFA

The new minister of Commerce and Consumer Affairs thinks the finance industry must share responsibility for problems with the Credit Contracts and Consumer Finance Act (CCCFA).

Some interest rate relief forecast

Economists say interest rates may not rise as high as previously forecast following today's employment numbers.

Duncan Webb gets key commerce portfolio

Finance industry leaders say they want to meet the new Minister of Commerce and Consumer Affairs as soon as possible to bring improvements to Government policy.

Home loans rates not keep up with OCR increases

Borrowers might be in for a brief respite from remorseless pressure to push interest rates ever higher, according to an  economist.

Mortgage industry given reassuring words on coming recession

Advisers have been given some words of comfort that the coming recession might not be too deep.

Inflation worries economists

Economists are worried about inflation that has remained stubbornly high at 7.2% in the year to December.

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