More signs of the cost of living crisis are beginning to show.

People are taking out more personal loans to maintain their household budgets rather than splashing on luxury items.

The number of people missing mortgage payments has also  tipped over one percent.

Centrix Managing Director Keith McLaughlin told Mike Hosking there has also been more hospitality and construction businesses defaulting.

He says the construction industry is dealing with supply and increased cost issues.

LISTEN ABOVE

More signs of the cost of living crisis are beginning to show.
People are taking out more personal loans to maintain their household budgets rather than splashing on luxury items.
The number of people missing mortgage payments has also  tipped over one percent.
Centrix Managing Director Keith McLaughlin told Mike Hosking there has also been more hospitality and construction businesses defaulting.
He says the construction industry is dealing with supply and increased cost issues.
LISTEN ABOVE

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The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...