Bankruptcy Stories

Kiwi Stories

Bankruptcy stories

New Zealand personal loan delinquencies hit three-year high

Unsecured borrowers in New Zealand are under mounting strain as Experian flags a rise in personal loan arrears to a three-year peak.

By Karen Joy Bacudo • 4 min read • Last week

Jobs

Why the positive sentiment despite highest insolvency rate in 15 years

Business confidence is improving, but 2025 still brought New Zealand's highest insolvency tally in 15 years as historic debt hit firms.

By Staff Writer • 4 min read • Sat, 21st Feb 2026

Malware

Simple steps to counter cyber threats

Nearly a quarter of New Zealand SMEs have already been hit by cyberattacks, with many still lacking basic defences against costly breaches.

By Staff Writer • 4 min read • Wed, 17th Sep 2025

Supply Chain

Insolvency triggers record auction

Creditors will see proceeds from more than 350 pieces of late-model earthmoving kit sold in New Zealand's biggest insolvency auction of its kind.

By Staff Writer • 2 min read • Sun, 2nd Apr 2023

Supply Chain

Insolvencies hit Australian construction sector – is New Zealand next?

Construction firms are under pressure as insolvencies account for a quarter of all business failures, with New Zealand now watching closely.

By Staff Writer • 3 min read • Fri, 7th Jan 2022

Global Stories

Bankruptcy stories

Risk & Compliance

Hudson's Bay collapse ends 355 years of Canadian retail

Canada's oldest retailer closed all stores after 355 years, undone by debt, digital change and declining footfall.

By Karen Joy Bacudo • 5 min read • Tue, 3rd Mar 2026

Digital Realty

Singapore's DCRU eyes Japanese market amid asset performance boost efforts

Singapore's DCRU has targeted Japan expansion as it shores up assets via various agreements, including property sales.

By Shannon Williams • 3 min read • Fri, 3rd Nov 2023

Stories from Other Regions

Bankruptcy stories

Data Analytics

ATO tax debts lift insolvency risk for Australian firms

More than 35,000 Australian businesses now face heightened failure risk as ATO debts above AUD $100,000 coincide with rising defaults.

By Karen Joy Bacudo • 5 min read • Last month

Customer Experience

UK banks vow to improve access to basic bank accounts

FCA findings show vulnerable customers are still missing out on basic bank accounts, prompting nine banks to tighten offer and application processes.

By Karen Joy Bacudo • 4 min read • Last month

Supply Chain

Waste services insolvencies surge as defaults climb

Insolvencies in the industry are now more than three times the national average, as diesel, landfill levies and debt costs squeeze margins.

By Karen Joy Bacudo • 5 min read • Thu, 25th Jun 2026

Manufacturing

Australia's late business payments hit six-year high

Cash-flow strain is deepening as overdue invoices and tax debts rise, with smaller firms hardest hit by higher rates and costs.

By Karen Joy Bacudo • 6 min read • Wed, 20th May 2026

Supply Chain

Australia energy shock raises insolvency risk for firms

Higher fuel and power costs are intensifying cash-flow strains for smaller firms, with CreditorWatch warning insolvencies may rise over 12 months.

By Joseph Gabriel Lagonsin • 5 min read • Wed, 15th Apr 2026

Deloitte

Ireland insolvencies fall 7% as creditor enforcement rises

Irish insolvencies fall 7% to 812 in 2025, but court liquidations and receiverships surge as creditors and tax authorities tighten enforcement.

By Karen Joy Bacudo • 4 min read • Mon, 12th Jan 2026

Digital Transformation

ChatGPT tax advice already costing UK firms, say accountants

UK accountants say firms are already losing money to flawed ChatGPT tax advice and warn misuse of AI could trigger failures by 2026.

By Catherine Knowles • 5 min read • Fri, 19th Dec 2025

Facebook

Most social media debt advice misleading & unreliable, study finds

A study reveals most UK social media debt advice is misleading or unreliable, urging people to seek FCA-regulated, impartial financial guidance instead.

By Shannon Williams • 4 min read • Thu, 23rd Oct 2025

Supply Chain

Ofload warns of supply chain risk as Don Watson shuts down

Ofload warns Australia's freight sector faces major disruption after refrigerated transport firm Don Watson Transport collapses, threatening supply chain stability.

By Kaleah Salmon • 4 min read • Mon, 9th Jun 2025