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 

Positive signs when it comes to consumer arrears, but some businesses are still doing it tough.&nbsp;
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.&nbsp;
At the same time company liquidations have risen 27% year-on-year.&nbsp;
Chief Operating Officer Monika Lacey says that's partly due to increased enforcement, after a softer approach from credit providers during Covid.&nbsp;
She says Inland Revenue is among those businesses which is now taking a normal approach again, and that's having an impact.&nbsp;
LISTEN ABOVE&nbsp;

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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,...

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b28c603d-a793-480e-bb9b-b30c014b10be/transcript