July 2, 2010
Good Cents Makes good sense in Porirua
An anti-debt programme called Good Cents is supported by Wesley Community Action in Porirua. The high level of debt in the local community is a key target of the group. During the boom years of 2006-07 the group was puzzled as to why despite full employment and a growing economy the demand at the foodbank remained high. It soon became apparent that high interest charges on loans were sucking cash out of the local economy. Together with Agape Budget service the groups aim to reduce the chronic levels of debt and the exploitation of the poor by moneylenders. Well done Good Cents!
Subscribe to:
Post Comments (Atom)
Caritas Justice Leadership Days - an inspiring experience
I've just returned from the 2017 Caritas Justice Leadership Day in Wellington. This year the Wellington JLD was held in Avalon, Lowe...
-
Senator Obama's decision to have Senator Joe Biden as his Vice Presidential running mate will add further gravitas to the Democratic tic...
-
Reserve Bank of New Zealand - Key Graphs - household debt By December 2008 the outstanding total debt of households had increased more than ...
-
Net foreign liabilities - a measure of what New Zealand owes the rest of the world - rose to $150 billion or 71.7% of GDP in the year a...
No comments:
Post a Comment