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22 May 2025 13:22
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      Home > News > Business

    A record number of businesses have been looking for advice on restructuring

    A record number of businesses have been looking for advice on restructuring

    21 May 2025
    Inquiries to the Employers and Manufacturers Association AdviceLine spiked in the first quarter of this year, with 403 queries.

    2500 businesses liquidated last year.

    Head of Advocacy and Strategy Alan McDonald says workplace pressures from Covid-19, high inflation and rising interest rates have continued.

    He says everyone's hoping the turnaround or recovery would be in 2025, but it's increasingly looking like 2026.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     22 May: Good news for New Zealand dairy - with strong demand producing a bumper season
     22 May: Smith and Caughey's closure indicates what needs to change in Auckland's CBD
     22 May: The primary sector's going gangbusters, with a billion-dollar monthly trade surplus - for the first time in five years
     22 May: Smith and Caughey's says it's been hit with a perfect storm as it announces its closure
     21 May: Confidence our energy supply will last us through the winter
     21 May: Uncertainty in the wine industry, despite an upturn in harvests
     21 May: An empty section in a sought-after Christchurch suburb has sold for just over 1.5 million dollars
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    Rugby's 20-minute red card, which has already been used in key competitions across the northern hemisphere season, will shortly be tested worldwide More...

    BUSINESS BUSINESS
    Good news for New Zealand dairy - with strong demand producing a bumper season More...


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