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 

Kiwis have racked up more than a billion dollars in green loans for energy efficient items like EVs, solar panels, and heat pumps.&nbsp;
BNZ, ASB, and ANZ all lend up to $80 thousand on a 1% interest rate over three years.&nbsp;
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.&nbsp;
She told Mike Hosking customers still have to go through the same process as loans with higher interest rates, and go through affordability checks.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/63b64612-3c17-466d-b3ce-b3470161162e/transcript