Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag New Zealand reports high loan arrears, with over 12% of households behind on payments.

flag Loan arrears in New Zealand remain high, with over 12% of households behind on at least one repayment. flag While mortgage arrears fell to 1.49% in April, long-term home loan delinquencies and missed payments in the 30-59 day range have increased by 5% and 6% year-on-year, respectively. flag Personal loan arrears have also exceeded 10% for two consecutive months, indicating ongoing financial stress for many New Zealanders.

3 Articles