The number of liquidations is starting to rise as small and medium-sized businesses are suffering from a lack of sales.

Businesses are seeing a lack of overall sales, with some people putting off big purchases.

More people are paying their phone bills and mortgages on time in the month, but late payments are up year-on-year. 

Centrix Managing Director Keith McLaughlin told Mike Hosking that the level of liquidations in the month of May have been at a 10 year record.

He says the trend is increasing, which is of more concern.

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The number of liquidations is starting to rise as small and medium-sized businesses are suffering from a lack of sales. 
Businesses are seeing a lack of overall sales, with some people putting off big purchases. 
More people are paying their phone bills and mortgages on time in the month, but late payments are up year-on-year.  
Centrix Managing Director Keith McLaughlin told Mike Hosking that the level of liquidations in the month of May have been at a 10 year record. 
He says the trend is increasing, which is of more concern. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Keith McLaughlin: Centrix Managing Director on the rising number of liquidations

New Zealand's medal haul at the Paris Olympics has increased by a rowing trifecta of gold, silver and bronze.

Lucy Spoors and Brooke Francis took the gold in the double sculls, the men’s four of Logan Ullrich, Tom Murray, Matt Macdonald, and Ollie Maclean dipped their oars in the spoils with silver.

And their female counterparts Jackie Gowler, Kerri Williams, Davina Waddy, and Phoebe Spoors completed the podium with bronze.

Kerri Williams told Ryan Bridge it hasn’t really sunk in yet.

She said it was a bit of a sprint at the end as the leading team set a pretty hot pace, but they came out on the right side.

LISTEN ABOVE

New Zealand's medal haul at the Paris Olympics has increased by a rowing trifecta of gold, silver and bronze. 
Lucy Spoors and Brooke Francis took the gold in the double sculls, the men’s four of Logan Ullrich, Tom Murray, Matt Macdonald, and Ollie Maclean dipped their oars in the spoils with silver. 
And their female counterparts Jackie Gowler, Kerri Williams, Davina Waddy, and Phoebe Spoors completed the podium with bronze. 
Kerri Williams told Ryan Bridge it hasn’t really sunk in yet. 
She said it was a bit of a sprint at the end as the leading team set a pretty hot pace, but they came out on the right side. 
LISTEN ABOVE

Kerri Williams: Olympic rower on their bronze medal in the Olympic Women's Four race

Northland businesses say Transpower needs to take responsibility for a fallen pylon and show face in Northland.

Transpower's found contractor Omexom's team leader was distracted sandblasting, as unsupervised inexperienced workers removed the bolts from three legs at once. 

It says residents can contact their retailer for compensation, but they can't do anything for businesses. 

North Chamber Chief Executive Darryn Fisher told Ryan Bridge Transpower needs to stop avoiding this conversation.

He's calling for them to put their big pants on, get up to Northland and explain why their negligence is putting their livelihoods at risk.

LISTEN ABOVE

Northland businesses say Transpower needs to take responsibility for a fallen pylon and show face in Northland. 
Transpower's found contractor Omexom's team leader was distracted sandblasting, as unsupervised inexperienced workers removed the bolts from three legs at once.  
It says residents can contact their retailer for compensation, but they can't do anything for businesses.  
North Chamber Chief Executive Darryn Fisher told Ryan Bridge Transpower needs to stop avoiding this conversation. 
He's calling for them to put their big pants on, get up to Northland and explain why their negligence is putting their livelihoods at risk. 
LISTEN ABOVE

Darryn Fisher: North Chamber CEO says Transpower needs to front up and explain why they can't compensate Northland businesses for the power cut

The 17-year-old accused of the fatal Southport stabbings at a Taylor Swift-themed dance class has been named.

Axel Rudakubana has made his first court appearance in the UK.

British newspapers successfully argued the minor should be named, given public interest.

Three children died and five more were critically injured in the attack earlier this week.

UK Correspondent, Vincent McAviney told Ryan Bridge that Rudakubana has been remanded in youth custody.

He says it's a complex operation, with the trial likely to take place early next year.

LISTEN ABOVE

The 17-year-old accused of the fatal Southport stabbings at a Taylor Swift-themed dance class has been named. 
Axel Rudakubana has made his first court appearance in the UK. 
British newspapers successfully argued the minor should be named, given public interest. 
Three children died and five more were critically injured in the attack earlier this week. 
UK Correspondent, Vincent McAviney told Ryan Bridge that Rudakubana has been remanded in youth custody. 
He says it's a complex operation, with the trial likely to take place early next year. 
LISTEN ABOVE

Keith McLaughlin: Centrix Managing Director on the rising number of liquidations

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