September 7, 2022 9:22 amPublished by Katie WellingtonComments Off on Govt declines to free up emergency lending in CCCFA changes
Despite urgent attempts to fix the Credit Contracts Act, banks say they are constrained in providing assistance such as emergency overdraft extensions to customers Bank customers will have greater difficulty borrowing money when they need it most, despite work by the Government and finance sector...
August 31, 2022 11:04 amPublished by Katie WellingtonComments Off on New insights report: Economic Harm Support Service Pilot
Our new interim report provides a brief insight into the issues we have observed in the first six months of our Economic Harm Support Service pilot, including areas where we believe our clients are affected by the unintended consequences of...
August 24, 2022 4:21 pmPublished by Katie WellingtonComments Off on Banks ‘need to know how to deal with protection orders’
Banks and other lenders need to be given clear guidelines on how they should deal with protection orders when it comes to clients with shared debts and accounts, social lender Good Shepherd says. It is running a new pilot service,...
August 8, 2022 10:02 amPublished by Katie WellingtonComments Off on Diana Clement: The tell-tale signs of financial abuse
Opinion: Family violence often focuses on physical acts. What’s often not discussed is financial or economic abuse It’s widespread in New Zealand and is the basis of a campaign by social lender Good Shepherd New Zealand to raise awareness. Victims of financial...
August 5, 2022 3:56 pmPublished by Katie WellingtonComments Off on Toxic boyfriend used my money for drugs and porn, left me $38k in debt, ailing woman says
It started as the stuff of dreams. Flowers were delivered, romantic dinner dates beckoned, and he seemed to be great with her kids. “At first he was very loving, caring, all of that sort of stuff. The first three months I...
August 2, 2022 10:02 amPublished by Katie WellingtonComments Off on Don’t sabotage your money conversations
OPINION: Withdrawing, blaming, invalidating, escalating and catastrophising; there are many ways people sabotage money conversations at home. But help is at hand with a healthy financial relationships “toolkit” launched by the charity Good Shepherd NZ. Read more >> Related
July 25, 2022 10:21 amPublished by Katie WellingtonComments Off on Diana Clement: Are you in a financial crisis? Help is available
Opinion: The pandemic and now inflation have hit hard for some Kiwis. Unfortunately, financial distress often leads to mental anguish, which makes it hard to think straight. When money is tight, feelings of worry and isolation bubble up and it...
July 25, 2022 10:10 amPublished by Katie WellingtonComments Off on Finance company agrees to halve debt of victim of economic abuse
An Auckland finance company’s decision not to pursue a woman for the whole of a loan she was left with after an abusive relationship is a precedent other lenders should take note of, says charity, Good Shepherd. Nicola Eccleton, social...
July 18, 2022 9:42 amPublished by Katie WellingtonComments Off on Podcast: Why is talking about money so hard?
What stops us from having healthy conversations about money? Why is it important to have these tricky conversations? Nicola Eccleton from Good Shepherd NZ, and Dr Ayesha Scott from AUT Business School speak with BusinessDesk’s Investments Editor, Frances Cook on...
July 12, 2022 4:34 pmPublished by Katie WellingtonComments Off on Nine To Noon: Money expert Liz Koh
When two people get together, they often have very different attitudes to money, Koh tells Kathryn Ryan. “Your partner doesn’t necessarily think about money in the same way that you do. “There’s different things that have shaped your partner’s views...
July 8, 2022 10:38 amPublished by Katie WellingtonComments Off on Five small changes you make to help save money
By making a few small changes, you can make an impact and start having a little bit more in your savings for those rainy days. And with the cost of living putting pressure on our money, every bit counts. We...
July 4, 2022 11:24 amPublished by Katie WellingtonComments Off on Closing the gender pay gap
We’re proud to have signed Mind the Gap’s open letter to Government calling for pay gap reporting. Women earn less than men, contributing to higher rates of financial hardship and dependence, and lower overall economic security and wellbeing. These outcomes are...