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Claire Matthews: Massey University Banking Expert on the number of green loans

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Manage episode 503026566 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Kiwis have racked up more than a billion dollars in green loans for energy efficient items like EVs, solar panels, and heat pumps.

BNZ, ASB, and ANZ all lend up to $80 thousand on a 1% interest rate over three years.

Massey University Banking Expert Claire Matthews says these are small loans, meaning the banks are pumping them out, while not actually lending a huge amount.

She told Mike Hosking customers still have to go through the same process as loans with higher interest rates, and go through affordability checks.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7724 episodes

Artwork
iconShare
 
Manage episode 503026566 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Kiwis have racked up more than a billion dollars in green loans for energy efficient items like EVs, solar panels, and heat pumps.

BNZ, ASB, and ANZ all lend up to $80 thousand on a 1% interest rate over three years.

Massey University Banking Expert Claire Matthews says these are small loans, meaning the banks are pumping them out, while not actually lending a huge amount.

She told Mike Hosking customers still have to go through the same process as loans with higher interest rates, and go through affordability checks.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7724 episodes

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