BNPL

The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth

The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth

Credit bureau Centrix says there are 'cautiously optimistic' signs of a recovery, with improvement in credit demand, arrears, and business defaults

Credit bureau Centrix says there are 'cautiously optimistic' signs of a recovery, with improvement in credit demand, arrears, and business defaults

Centrix says 478,000 people behind on payments this June quarter, hospitality sector one of the most vulnerable industries in current economic climate

Centrix says 478,000 people behind on payments this June quarter, hospitality sector one of the most vulnerable industries in current economic climate

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly

Credit bureau Centrix says 23,700 home loans are past due, a 6% year-on-year increase

Credit bureau Centrix says 23,700 home loans are past due, a 6% year-on-year increase

Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight

Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight

Buy now, pay later the most common first-time path to credit/debt

Buy now, pay later the most common first-time path to credit/debt

The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls

The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls

Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government

Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government

Government exempts buy now pay later providers from complying with CCCFA default fee provisions to help keep them in business

Government exempts buy now pay later providers from complying with CCCFA default fee provisions to help keep them in business

Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year

Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year

After a false start, Swedish BNPL giant Klarna buys Laybuy which will be resurrected

After a false start, Swedish BNPL giant Klarna buys Laybuy which will be resurrected

Employees of failed BNPL lender Laybuy may miss out on money owed and holiday pay, despite being preferential creditors

Employees of failed BNPL lender Laybuy may miss out on money owed and holiday pay, despite being preferential creditors

Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling

Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling

Centrix says all sectors have seen liquidations rise, with retail trade companies experiencing the largest increase annually followed by the property/rental and transportation sectors

Centrix says all sectors have seen liquidations rise, with retail trade companies experiencing the largest increase annually followed by the property/rental and transportation sectors