Squirrel Managing Director wants to petition for Commerce Minister to resign over lending laws

Author
Newstalk ZB,
Publish Date
Thu, 9 Dec 2021, 8:13PM
(Photo / NZ Herald)
(Photo / NZ Herald)

Squirrel Managing Director wants to petition for Commerce Minister to resign over lending laws

Author
Newstalk ZB,
Publish Date
Thu, 9 Dec 2021, 8:13PM

A mortgage broker has come out swinging against the Government’s new restrictive lending laws.

The new laws were brought in at the start of this month with the aim of protecting vulnerable borrowers.

But Squirrel Managing Director John Bolton says they’ve been such a disaster that he’s on the point of starting a petition calling for the Commerce Minister to resign.

John Bolton joined Heather du Plessis-Allan.

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