Debt
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
Company liquidations hit highest monthly level in a decade, Centrix says
[updated]
Statistics New Zealand figures show household net worth dropped by $47 billion in the June quarter, while total income fell for the first time since this data series began in 2016
10th Oct 24, 11:30am
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Statistics New Zealand figures show household net worth dropped by $47 billion in the June quarter, while total income fell for the first time since this data series began in 2016
ASB economists say they hope that households will base their future decisions 'on a more realistic outlook' for household incomes, house prices and borrowing costs
9th Jul 24, 8:25am
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ASB economists say they hope that households will base their future decisions 'on a more realistic outlook' for household incomes, house prices and borrowing costs
Statistics New Zealand figures show household net worth increased by $7.8 billion in the March 2024 quarter, even though house and land values dropped by $2 billion
4th Jul 24, 1:11pm
3
Statistics New Zealand figures show household net worth increased by $7.8 billion in the March 2024 quarter, even though house and land values dropped by $2 billion
Murray Grimwood says the future will be so different we need to go back to basics, and with degrowth inevitable it'd be better done voluntarily
15th Jun 24, 9:21am
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Murray Grimwood says the future will be so different we need to go back to basics, and with degrowth inevitable it'd be better done voluntarily
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
Budget 2024/25 - Summary of all spending plans
Financial mentor charity FinCap sees 'stress and strain' from people seeking financial support against a falling number of financial mentors and reduced funding
17th May 24, 5:00am
4
Financial mentor charity FinCap sees 'stress and strain' from people seeking financial support against a falling number of financial mentors and reduced funding
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
Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
29th Apr 24, 1:44pm
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Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term fiscal trends and financial stability, says the IMF
1st Apr 24, 9:36am
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Higher long-term real interest rates, lower growth, and higher debt will put pressure on medium-term fiscal trends and financial stability, says the IMF
An overgrown set of financial habits can be hard to recover from without a plan. Lynda Moore has some positive-thinking strategies for getting on top of a gnarly build-up of debt
30th Jan 24, 11:19am
An overgrown set of financial habits can be hard to recover from without a plan. Lynda Moore has some positive-thinking strategies for getting on top of a gnarly build-up of debt
Statistics New Zealand figures show household net worth increased by $5.3 billion in the September 2023 quarter, while savings rates remained steady
25th Jan 24, 11:35am
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Statistics New Zealand figures show household net worth increased by $5.3 billion in the September 2023 quarter, while savings rates remained steady
Kiwibank economists say households are showing few signs of financial stress in the face of higher interest rates, but 'a lot hinges on the labour market'
16th Nov 23, 1:03pm
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Kiwibank economists say households are showing few signs of financial stress in the face of higher interest rates, but 'a lot hinges on the labour market'
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
31st Oct 23, 4:26pm
6
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
Higher interest rates have exposed vulnerabilities in some banks, and many more would be weakened by a prolonged period of tight monetary policy, says the IMF
17th Oct 23, 9:14am
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Higher interest rates have exposed vulnerabilities in some banks, and many more would be weakened by a prolonged period of tight monetary policy, says the IMF
Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
16th Oct 23, 11:58am
50
Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
Asia is likely to see faster disinflation, but prospects for growth in coming years are dimming, says the IMF
14th Oct 23, 9:13am
Asia is likely to see faster disinflation, but prospects for growth in coming years are dimming, says the IMF
Elevated inflation means central banks may have to keep policy rates higher in a way that stretches the capacity of borrowers to repay debt, says the IMF
11th Oct 23, 10:14am
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Elevated inflation means central banks may have to keep policy rates higher in a way that stretches the capacity of borrowers to repay debt, says the IMF
Non-bank lenders launch Responsible Debt Collection Code including guidance on when & how often they'll contact debtors
10th Oct 23, 2:00pm
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Non-bank lenders launch Responsible Debt Collection Code including guidance on when & how often they'll contact debtors
New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
10th Oct 23, 10:33am
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New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
Credit ratings agency S&P Global Ratings says NZ Post is facing 'ongoing structural decline' in its traditional business and will have reduced financial flexibility after sale of Kiwibank to the Crown
6th Oct 23, 12:36pm
Credit ratings agency S&P Global Ratings says NZ Post is facing 'ongoing structural decline' in its traditional business and will have reduced financial flexibility after sale of Kiwibank to the Crown
Expectations increasingly drive inflation dynamics. Improvements in monetary policy frameworks can better inform people’s inflation expectations and thereby help reduce inflation at lower output cost
5th Oct 23, 9:33am
1
Expectations increasingly drive inflation dynamics. Improvements in monetary policy frameworks can better inform people’s inflation expectations and thereby help reduce inflation at lower output cost
The IMF says managing the climate transition calls for a fiscal balancing act with the right mix of policies
3rd Oct 23, 9:48am
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The IMF says managing the climate transition calls for a fiscal balancing act with the right mix of policies