The Panel: Kiwis students living overseas dodging IRD as loan debt spikes

Author
Newstalk ZB,
Publish Date
Sat, 18 Jan 2020, 4:32PM

The Panel: Kiwis students living overseas dodging IRD as loan debt spikes

Author
Newstalk ZB,
Publish Date
Sat, 18 Jan 2020, 4:32PM

More than half of all Kiwis living overseas with a student loan are dragging their feet on paying their debts.

And the amount of money the taxman considers overdue by those living overseas has jumped by almost $150 million in the space of just a year.

Inland Revenue has blamed "economic and political uncertainty" for the spike in overdue payments.

Journalist and communications specialist Janet Wilson and TVNZ Sunday journalist Mark Crysell joined The Weekend Collective to discuss the country's student debt and what can be done to solve the problem, along with the other big issues making news this week.

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