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8 Jul 2025 14:55
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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


    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
     08 Jul: Iwi-owned commercial entities have outperformed some of New Zealand's largest listed companies
     08 Jul: A focus shift in the red meat sector's yielded strong export revenue for another month
     07 Jul: The hard questions NZ must ask about the claimed economic benefits of fast-track mining projects
     07 Jul: Tweaks to the Family Boost scheme from this month - aiming to help combat high living costs, and cover people missing out
     07 Jul: The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month
     06 Jul: Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland
     05 Jul: The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales
     Top Stories

    RUGBY RUGBY
    All Blacks captain Scott Barrett will remain involved in training despite being ruled out for the remainder of the France test series More...


    BUSINESS BUSINESS
    Iwi-owned commercial entities have outperformed some of New Zealand's largest listed companies More...



     Today's News

    Entertainment:
    Amy Davidson is six months sober but still has to watch out for "triggers" 14:36

    Rugby:
    All Blacks captain Scott Barrett will remain involved in training despite being ruled out for the remainder of the France test series 14:27

    Education:
    Belief a local golf course is key for developing sportspeople - as a golf course on Auckland's North Shore faces major change 14:17

    Politics:
    Trump hosts Netanyahu at the White House as US pushes for Israel-Gaza ceasefire 14:17

    Rugby:
    It’s harder than you think to become a top sports official in football, soccer and the rugby codes 14:07

    Accident and Emergency:
    A two-vehicle crash in Waikato has left three people injured, two seriously, on State Highway 29, south of Matamata 14:07

    Entertainment:
    Ozzy Osbourne reunited with all his original Black Sabbath bandmates for his final ever live performance on Saturday (05.07.25) 14:06

    Entertainment:
    Amanda Kloots has spoken of her unending grief, five years after losing her husband Nick Cordero 13:36

    Rugby League:
    Former Warrior Kevin Campion is pointing to the success of the New South Wales Cup team as evidence they'll manage the loss of Luke Metcalf in the NRL 13:27

    Entertainment:
    Jessie J regrets not saying "goodbye to her old breast" amid her mastectomy 13:06


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