Tag: Liquidation
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NZ Hospitality Liquidations 2026 Hit Devastating New High
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As reported by RNZ, the latest Centrix data, released on 1 July 2026, presents a mixed picture of the New Zealand credit landscape. Consumer arrears have fallen to their lowest level in four years, mortgage arrears are at their lowest since September 2023, and overall credit defaults are down 13 percent year on year. At…
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Navigating the Rising Tide: Essential Strategies to Avoid Business Liquidation
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Overview As reported by RNZ, the New Zealand commercial landscape is currently weathering a significant storm, with business liquidation numbers surging by 16 percent year on year. Data from Centrix reveals that the road to economic recovery is proving particularly treacherous for specific sectors, notably construction, hospitality, and retail. While the broader economy shows signs…