Liquidation

The New Zealand company alleged by FIFA's official World Cup crypto exchange supporter of being part of 'a Ponzi-like enterprise'

The New Zealand company alleged by FIFA's official World Cup crypto exchange supporter of being part of 'a Ponzi-like enterprise'

Insolvencies have spiked – would a law change let more businesses trade their way out of trouble?

Insolvencies have spiked – would a law change let more businesses trade their way out of trouble?

Peter Drennan probes Bernard Whimp's Chance Voight, and looks at whether it may end up in statutory management

Peter Drennan probes Bernard Whimp's Chance Voight, and looks at whether it may end up in statutory management

Company liquidations hit highest monthly level in a decade, Centrix says

Company liquidations hit highest monthly level in a decade, Centrix says

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

Centrix says as consumer arrears climb, the flow on effect continues to impact Kiwi businesses. Overall business defaults were up 28% year-on-year in January 2024, while company liquidations were up 16% over the same period

Centrix says as consumer arrears climb, the flow on effect continues to impact Kiwi businesses. Overall business defaults were up 28% year-on-year in January 2024, while company liquidations were up 16% over the same period

Failed Auckland cryptocurrency exchange Dasset comes under Serious Fraud Office investigation

Failed Auckland cryptocurrency exchange Dasset comes under Serious Fraud Office investigation

Failed NZ businesses leave a trail of destruction. Here are 3 things Inland Revenue could do to minimise damage

Failed NZ businesses leave a trail of destruction. Here are 3 things Inland Revenue could do to minimise damage

Credit bureau Centrix says while homeowners contend with rising mortgage interest rates and the financial squeeze, business owners are grappling with lower activity and spending

Credit bureau Centrix says while homeowners contend with rising mortgage interest rates and the financial squeeze, business owners are grappling with lower activity and spending

Public money to prop up Ruapehu ski season, Regional Development Minister Kiri Allan says

Public money to prop up Ruapehu ski season, Regional Development Minister Kiri Allan says

Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'

Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'

'The gloves are off': Inland Revenue gets back to business chasing tax debts

'The gloves are off': Inland Revenue gets back to business chasing tax debts

Paul Mazzola & Mitchell Goroch look at FTX's demise from the perspective of retail investors noting they're largely on their own

Paul Mazzola & Mitchell Goroch look at FTX's demise from the perspective of retail investors noting they're largely on their own

Centrix managing director Keith McLaughlin says anticipation of a recession is affecting consumers' payment behaviour

Centrix managing director Keith McLaughlin says anticipation of a recession is affecting consumers' payment behaviour

Centrix managing director Keith McLaughlin says a simultaneous increase in demand for credit, and in arrears, points to people being under pressure to meet repayment obligations

Centrix managing director Keith McLaughlin says a simultaneous increase in demand for credit, and in arrears, points to people being under pressure to meet repayment obligations