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Monika Lacey: Centrix Chief Operating Officer on the latest figures on consumer arrears and company liquidations

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Manage episode 491743792 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Positive signs when it comes to consumer arrears, but some businesses are still doing it tough.

The latest Centrix data for June shows the number of people behind on payments is down on last year, for the fifth consecutive month in a row.

At the same time company liquidations have risen 27% year-on-year.

Chief Operating Officer Monika Lacey says that's partly due to increased enforcement, after a softer approach from credit providers during Covid.

She says Inland Revenue is among those businesses which is now taking a normal approach again, and that's having an impact.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7332 episodes

Artwork
iconShare
 
Manage episode 491743792 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Positive signs when it comes to consumer arrears, but some businesses are still doing it tough.

The latest Centrix data for June shows the number of people behind on payments is down on last year, for the fifth consecutive month in a row.

At the same time company liquidations have risen 27% year-on-year.

Chief Operating Officer Monika Lacey says that's partly due to increased enforcement, after a softer approach from credit providers during Covid.

She says Inland Revenue is among those businesses which is now taking a normal approach again, and that's having an impact.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

  continue reading

7332 episodes

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