Insolvency stats for April to June 2017 How does this timeframe in 2017 compare to the last five years? What’s happening in the market Forex NZ and Forex NZ 2000 have both gone into liquidation. While the director of both companies has admitted to wrongdoing with the treatment of ... read more.
How is New Zealand’s economy faring as of April 2017? The start of 2017 saw a slight dip in the housing market typical of the December trading period with claims the boom is over. Businesses also reported less confidence in the economy. January to March 2017 How does 2016 compare thus far ... read more.
How does 2016 compare thus far to the last five years? Year by year comparisons (2014-2016) Market commentary – what does the housing market look like? 2016 did not ended with a burst bubble as some predicted. Yes, the market has slowed down as the total volume of houses sold decreased, ... read more.
There were 177 appointments in September 2016. 164 liquidations, no administrations and 13 receiverships were recorded. Total insolvency appointments stand at 1,717 for the year to date which is down on previous years. Applications made to the High Court to liquidate companies in September 2016 totalled 23. This is considerably lower than ... read more.
There were 168 appointments in July 2016. 156 liquidations, no administrations and 12 receiverships were recorded. The volume of liquidations is down on those seen in July for each of the last 5 years, however, receiverships have increased. Total insolvency appointments stand at 1331 for the year to date which is down on ... read more.
There were 180 appointments in May 2016. 170 liquidations, 3 administrations and 7 receiverships were recorded. The volume of liquidations is down on those seen in May 2012, 2013 & 2014, but close to those seen last year. Total insolvency appointments stand at 938 for the year to date which is down on 2015, ... read more.
2016 1st Quarter Appointment Figures There were 231 appointments in March 2016. 215 liquidations and 16 receiverships were recorded. The volume of liquidations is marginally down from last year while the number of receivership appointments was slightly up. Total insolvency appointments stand at 678 for the year to date. Applications made to the ... read more.
Insolvency Statistics – September 2015 Market Commentary Dairy, Dairy, Dairy! The global prices are going back up but Fonterra is being tight lipped on whether the payout to farmers will increase. Is it a case of too little too late for some in the industry? Interestingly, we have recently commenced the liquidation of a ... read more.
Insolvency Statistics – August 2015 Market Commentary Dairy prices have been back in the news again for both bad and then good reasons. Global prices dropped earlier in the month and then pulled back in the last auction. Meanwhile, Fonterra are actively cost cutting in an effort to maintain payouts to farmers. read more.
Insolvency Statistics – July 2015 Market Commentary The Auckland housing bubble seems to know no bounds. Numerous media articles have been written indicating overseas investors, principally from China, are to blame but will the Government’s new rules help is the question. Meanwhile, prices continue to soar to ridiculous levels. Moving to rural areas seems ... read more.
