News | Business
9 Jul 2025 18:20
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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
     09 Jul: Another cut to the Official Cash Rate still looks more likely than not
     09 Jul: Trump managed two trade deals in his 90-day tariff pause. Experts say China was a key factor
     09 Jul: NZ Post is the latest company to drop its climate targets – another sign business is struggling to decarbonise
     09 Jul: The Reserve Bank has kept the Official Cash Rate unchanged, at 3.25 percent - as widely expected
     09 Jul: The Official Cash Rate may hold steady this afternoon - after six consecutive cuts
     09 Jul: Hopes a move to boost New Zealand's use of AI, will get small businesses on board
     09 Jul: Businesses are calling for clarity, as the Government moves to pump up our AI options
     Top Stories

    RUGBY RUGBY
    British and Irish Lions coach Andy Farrell insists the team they've named to play the Brumbies is subject to change ahead of the first test against the Wallabies More...


    BUSINESS BUSINESS
    Another cut to the Official Cash Rate still looks more likely than not More...



     Today's News

    International:
    'Birdnesting' alternates parenting at the family home during separation. Does it work? 18:17

    Rugby:
    British and Irish Lions coach Andy Farrell insists the team they've named to play the Brumbies is subject to change ahead of the first test against the Wallabies 18:07

    Entertainment:
    Lena Dunham found the pressures of fame to be "overwhelming" 18:06

    Business:
    Another cut to the Official Cash Rate still looks more likely than not 17:47

    Entertainment:
    Oasis once tried to steal a tractor when they were "very drunk" 17:36

    Rugby League:
    Relief for New South Wales fans with their team to remain unchanged for tonight's State of Origin decider against Queensland in Sydney 17:27

    Environment:
    Mount Ruapehu's had a restless night, with a swarm of earthquakes since yesterday morning 17:27

    Rugby League:
    Warriors coach Andrew Webster has explained why he's picked Tanah Boyd to replace Luke Metcalf at halfback over Te Maire Martin for Sunday's NRL tussle with the Tigers at Mt Smart 17:17

    Entertainment:
    Kim Kardashian's world "is not the same" following the death of her childhood friend 17:06

    International:
    New Mexico flooding rescuers searching for three missing people after homes and vehicles swept away 16:37


     News Search






    Power Search


    © 2025 New Zealand City Ltd