Bite: The small business lending problem
About this episode
Jarrod Kerr discusses the challenges small businesses face with lending in New Zealand and the impact of property wealth.
New Zealand has long relied on property to build wealth—but is that holding small businesses back? In this bite from Shared Lunch , Kiwibank Chief Economist Jarrod Kerr explains why so many business owners borrow against their homes, how the banking system encourages it, and what could change. This bite is from our previous episode "Let’s get out of this recession”. For more places to follow Shared Lunch—check out http://linktr.ee/sharedlunch Shared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves…
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