Centrix
Rising number of liquidations sees wholesale trade sector, construction and transport hard hit, credit bureau Centrix says
3rd Dec 24, 5:00am
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Rising number of liquidations sees wholesale trade sector, construction and transport hard hit, credit bureau Centrix says
[updated]
Buy now, pay later the most common first-time path to credit/debt
Company liquidations hit highest monthly level in a decade, Centrix says
Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
1st Oct 24, 5:00am
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Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
[updated]
Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government
9th Sep 24, 5:00pm
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Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government
Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year
3rd Sep 24, 5:00am
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Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year
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
2nd Jul 24, 6:58am
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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 reports 5,000 less overdue consumer accounts in April but sees business liquidations and insolvencies surge by 19% and 30% respectively
5th Jun 24, 5:00am
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Centrix reports 5,000 less overdue consumer accounts in April but sees business liquidations and insolvencies surge by 19% and 30% respectively
Construction sector leads the way as monthly liquidations hit a nine year high, credit bureau Centrix says
30th Apr 24, 2:48pm
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Construction sector leads the way as monthly liquidations hit a nine year high, credit bureau Centrix says
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
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
KPMG's latest quarterly look at banks' financials highlights that only 'slight' increases have been seen in net interest income, with much of the increased bank profitability coming from greater gains on trading and hedging products
27th Sep 23, 9:51am
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KPMG's latest quarterly look at banks' financials highlights that only 'slight' increases have been seen in net interest income, with much of the increased bank profitability coming from greater gains on trading and hedging products
We may be using credit cards for more transactions on more devices than ever, but we have build a healthy scepticism for credit card debt, even to the point of ditching having multiple cards
23rd Sep 23, 11:28am
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We may be using credit cards for more transactions on more devices than ever, but we have build a healthy scepticism for credit card debt, even to the point of ditching having multiple cards
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'
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
Benje Patterson argues banks’ narrow focus on short-term profitability has set some households up to fail
24th May 23, 10:00am
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Benje Patterson argues banks’ narrow focus on short-term profitability has set some households up to fail
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
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'
[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
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
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