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Now Playing: Bill to crackdown on loan sharks (1:57)
Source: ONE News
MPs are being urged to send to a select committee a bill seeking to cap interest rates that loan sharks charge.
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Now Playing: Bill targets loan sharks (5:20)
Source: Breakfast
Labour is putting forward a bill to cap the amount of interest a money lending agency can put on a loan following revelations that some companies are charging up to 9% a day in interest. Breakfast speaks to Darryl Evans from the Mangere Budget Advisory about this.
ONE News Bulletins
Q+A Video
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Q+A Interview: National MP Paul Goldsmith (6:06)
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Q+A Interview: Green MP Mojo Mathers (4:41)
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Q+A: Panel on formation of new Government (5:45)