Second wave of corporate failures looms: liquidator
‘There were certainly many, many people that were floated across the pandemic because of government support and now that tap is turned off, they’ll no longer able to survive.’
Quarterly data also revealed a doubling in company failures in the agricultural sector.
An Auckand-based insolvency practitioner expects a second wave of company failures is on the way, as the combination of high inflation and rising interest rates begins to bite.
BWA Insolvency’s latest quarterly market report, which was compiled from Companies Office records, showed the number of
