Effects of the CCCFA on financial services

The New Zealand Initiative - A podcast by The New Zealand Initiative

The controversial Credit Contracts and Consumer Finance Act came into force from 1 December 2021. It has significantly changed how Kiwis gain access to credit. Ben Craven and Oliver Hartwich discuss the effects of the CCCFA with Lyn McMorran, executive director of the Financial Services Federation, a non-profit organisation representing New Zealand’s responsible non-bank financial institutions.