Keith McLaughlin
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
13
Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year
3rd Sep 24, 5:00am
24
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
33
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
6
Centrix reports 5,000 less overdue consumer accounts in April but sees business liquidations and insolvencies surge by 19% and 30% respectively
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
43
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
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
1
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
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
13
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
70
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
Sharp rise in number of people getting behind on buy now lay later payments as overall consumer arrears climb
2nd May 23, 5:00am
23
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
23
Credit bureau Centrix says the current economic climate is 'putting pressure on households across New Zealand'
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
17
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
25
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
16
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
10
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
Credit bureau Centrix says business debt demand is starting to rise, suggesting improving business confidence
3rd May 22, 5:00am
8
Credit bureau Centrix says business debt demand is starting to rise, suggesting improving business confidence
Credit bureau Centrix sees softening demand for consumer debt as arrears on personal loans rise
7th Apr 22, 5:00am
20
Credit bureau Centrix sees softening demand for consumer debt as arrears on personal loans rise
Credit availability tightening as CCCFA changes, rising interest rates and Omicron bite, Centrix reports
2nd Mar 22, 7:12pm
20
Credit availability tightening as CCCFA changes, rising interest rates and Omicron bite, Centrix reports
Centrix questions if we are facing the next great credit crunch, as borrowers face more hoops to jump through
2nd Feb 22, 1:20pm
8
Centrix questions if we are facing the next great credit crunch, as borrowers face more hoops to jump through
Credit bureau Centrix says consumer confidence is high as festive season kicks off, business credit defaults down, housing market stabilising
7th Dec 21, 5:00am
4
Credit bureau Centrix says consumer confidence is high as festive season kicks off, business credit defaults down, housing market stabilising
Credit bureau Centrix says credit demand is recovering after lockdown blip, but company closures and credit defaults are up
5th Oct 21, 5:43pm
4
Credit bureau Centrix says credit demand is recovering after lockdown blip, but company closures and credit defaults are up
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
3rd Sep 21, 7:39am
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
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
2
Credit bureau Centrix says its data is painting a picture of an economy going from strength to strength, but activity may start slowing
Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country
28th Jun 21, 2:41pm
Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country
Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
8th Jun 21, 11:09am
4
Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February