
Construction insolvencies up 53% in one year
It is no surprise that the construction had the highest number of formal insolvency proceedings out of any sector in Q1 2023, followed by property and real estate, BWA Insolvency founder Bryan Williams says
The latest report from Auckland-based BWA Insolvency shows a steady increase in business failures across the country, with the triple whammy of price increases, supply shortages and decreasing demand affecting a range of different sectors. Continue →