loan arrears
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
5th Mar 24, 5:00am
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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
Loan arrears and loan impairments mostly on the rise across the big four Australasian banks
23rd Nov 23, 10:03am
Loan arrears and loan impairments mostly on the rise across the big four Australasian banks
[updated]
BNZ annual profit tops $1.5 billion led by increase in net interest income
[updated]
Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
6th Nov 23, 10:27am
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Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
Credit bureau Centrix says company liquidations are on the rise, with credit defaults climbing 'across the board' in September
1st Nov 23, 5:00am
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Credit bureau Centrix says company liquidations are on the rise, with credit defaults climbing 'across the board' in September
Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
1st Sep 23, 5:00am
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Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
Past due & impaired loans on the rise at ASB as Aussie parent CBA highlights NZ mortgage impairments
ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
10th Aug 23, 10:09am
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ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
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
4th Jul 23, 5:00am
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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
[updated]
ANZ NZ's half-year profit falls despite strong rise in income, led by net interest income, and lower expenses
5th May 23, 10:05am
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ANZ NZ's half-year profit falls despite strong rise in income, led by net interest income, and lower expenses
Sharp rise in number of people getting behind on buy now lay later payments as overall consumer arrears climb
2nd May 23, 5:00am
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Sharp rise in number of people getting behind on buy now lay later payments as overall consumer arrears climb
Grant Halverson on the rise and fall of the buy now pay later sector and what the future may hold for it
5th Mar 23, 6:30am
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Grant Halverson on the rise and fall of the buy now pay later sector and what the future may hold for it
In contrast to ASB and Kiwibank, Heartland Group Holdings posts a drop in net interest margin
1st Mar 23, 7:51am
In contrast to ASB and Kiwibank, Heartland Group Holdings posts a drop in net interest margin
Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'
1st Mar 23, 5:00am
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Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'
Cautious outlook of ASB's parent Commonwealth Bank of Australia highlighted in analysts' results reviews
17th Feb 23, 10:15am
Cautious outlook of ASB's parent Commonwealth Bank of Australia highlighted in analysts' results reviews
[updated]
Credit bureau Centrix says loan arrears rates are rising but remain behind historic levels
1st Feb 23, 5:00am
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Credit bureau Centrix says loan arrears rates are rising but remain behind historic levels
Credit bureau Centrix says the number of borrowers behind on consumer loans is rising and so is demand for consumer loans
1st Dec 22, 5:00am
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Credit bureau Centrix says the number of borrowers behind on consumer loans is rising and so is demand for consumer loans
CEO Dan Huggins says BNZ's conservative approach to housing lending means borrowers are handling mortgage rate increases well so far
10th Nov 22, 7:52am
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CEO Dan Huggins says BNZ's conservative approach to housing lending means borrowers are handling mortgage rate increases well so far
Consumer debt demand climbing to pre-pandemic levels as rising cost of living bites
1st Nov 22, 10:13am
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Consumer debt demand climbing to pre-pandemic levels as rising cost of living bites
Centrix managing director Keith McLaughlin says anticipation of a recession is affecting consumers' payment behaviour
4th Oct 22, 5:00am
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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
1st Sep 22, 5:00am
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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 monthly credit report highlights a rise in the number of people missing consumer debt payments for 3 straight months & more than 100 construction company liquidations so far in 2022
5th Jul 22, 5:00am
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Centrix monthly credit report highlights a rise in the number of people missing consumer debt payments for 3 straight months & more than 100 construction company liquidations so far in 2022
CEO Dan Huggins says despite the weaker housing market, BNZ retains the appetite to grow lending; - responsibly
6th May 22, 10:35am
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CEO Dan Huggins says despite the weaker housing market, BNZ retains the appetite to grow lending; - responsibly
Credit bureau Centrix says business debt demand is starting to rise, suggesting improving business confidence
3rd May 22, 5:00am
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Credit bureau Centrix says business debt demand is starting to rise, suggesting improving business confidence
John Kavanagh of Australia's Banking Day argues it's time to regulate the buy now, pay later sector
7th Sep 21, 8:12am
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John Kavanagh of Australia's Banking Day argues it's time to regulate the buy now, pay later sector
Credit bureau Centrix says its data is painting a picture of an economy going from strength to strength, but activity may start slowing
6th Jul 21, 10:18am
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Credit bureau Centrix says its data is painting a picture of an economy going from strength to strength, but activity may start slowing