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Unregistered Lender Exploits Tongans Amid Housing Crisis

6/12/2025

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Summary

Story summary

An unregistered lender in New Zealand is under fire for exploiting the Tongan community with illegal loans. Finance Minister Nicola Willis slammed the Reserve Bank over Adrian Orr's resignation. Meanwhile, a teenager suffered from starvation in emergency housing, leading to accusations of agency negligence, and a landlord was penalized for renting a dangerous property to his sister-in-law.

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Story summary

An unregistered lender in New Zealand is under fire for exploiting the Tongan community with illegal loans. Finance Minister Nicola Willis slammed the Reserve Bank over Adrian Orr's resignation. Meanwhile, a teenager suffered from starvation in emergency housing, leading to accusations of agency negligence, and a landlord was penalized for renting a dangerous property to his sister-in-law.