Insolvency Stories - Page 2

Kiwi Stories

Insolvency stories

Safeguards for subcontractor funds

Subcontractors in New Zealand could recover more than NZD $2.1 million after a High Court ruling said retention funds must be ringfenced in trust.

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

Manufacturing

Heed the heed warning signs

New Zealand firms are feeling the strain as insolvencies jumped 31% in the first quarter, with construction failures up 44%.

By Staff Writer • 3 min read • Wed, 7th May 2025

Local government

Construction firms itching to work after Budget 2024

Civil contractors warn the slow pipeline could force more job cuts unless immediate work is brought forward to keep firms afloat.

By Staff Writer • 4 min read • Sun, 2nd Jun 2024

Software-as-a-Service

Spreadsheets no longer fit for purpose in construction

Rising project risks are exposing how poor estimating can leave builders vulnerable to costly errors and margin erosion.

By Staff Writer • 5 min read • Mon, 10th Jul 2023

Global Stories

Insolvency stories

Customer Relationship Management

Australian small businesses under pressure: can optimism and tech transform their 2025?

Despite facing record insolvencies due to rising costs and reduced consumer spending, Australia's small businesses remain hopeful about 2025, embracing tech-driven strategies.

By Rakesh Prabhakar • 5 min read • Fri, 10th Jan 2025

Unified Communications

Third-party risk: A growing threat in today's interconnected world

An intricate web of third-party collaborations elevates innovation and efficiency in business but also significantly increases risk factors such as data breaches and financial instability.

By Oshadha Ranaweera • 4 min read • Mon, 29th Apr 2024

Payment Technologies

GoCardless & Intuit QuickBooks target late payments for Aussie SMBs

GoCardless and Intuit QuickBooks launch an integration for Australian SMBs to enable automatic collection and reconciliation of payments.

By Shannon Williams • 3 min read • Thu, 25th Apr 2024

Risk & Compliance

Kevin O'Neill joins Aryza Group as new Chief Revenue Officer

Kevin O'Neill, with over twenty years of business development experience, now heads revenue growth at the financial software solutions company, Aryza Group.

By Imee Dequito • 3 min read • Thu, 11th Apr 2024

Financial institutions

Aryza Group launches Aryza Decide for improved credit risk management

Aryza Group unveils dynamic, standalone system, Aryza Decide, geared to revolutionise credit risk management in the lending industry and encouraging operational efficiency.

By Kaleah Salmon • 3 min read • Wed, 20th Mar 2024

IT Automation

Aryza launches financial software solution in UK and Ireland

The platform is designed to help businesses to optimise receivables management and generate more liquidity, according to the company.

By Catherine Knowles • 3 min read • Thu, 20th Jul 2023

Digital Transformation

Big business needs new payment strategies for small suppliers

While the other end of town enjoys regular pay cycles and pontificates about bonus structures, small businesses simply need to be paid on time.

By Julian Harris • 5 min read • Thu, 1st Jun 2023

Partner Programmes

Mazars In Singapore appoints two new local partners

Mazars in Singapore expands its Financial Advisory and Consulting teams with the appointment of two new local Partners.

By Kaleah Salmon • 3 min read • Mon, 22nd May 2023

Stories from Other Regions

Insolvency stories

Utilities

Australian insolvency rates predicted to increase in 2025

A surge in insolvency risks is predicted for Australian firms in 2025, with failure rates rising 6% in late 2024 amid renewed financial pressures.

By Shannon Williams • 3 min read • Thu, 6th Mar 2025

Firewalls

Australia's Cybersecurity Act races against augmented hacker revolution

As cyberattacks rise, Australia's new Cybersecurity Act mandates timely reporting of ransomware payments, urging businesses to bolster their defences.

By Julian Fay • 4 min read • Mon, 16th Dec 2024

Hyperscale

Rising tech insolvencies in Australia: How businesses are using software Escrow to shield from vendor risks

Australia faces a surge in corporate insolvencies, with tech firms like Plutora racking up debts of AUD $37.3 million as businesses turn to software escrow for protection.

By Evan Lever • 5 min read • Thu, 24th Oct 2024

Data Analytics

AI is ubiquitous, even in 'traditional' sectors and businesses

AI is transforming hospitality with 85% of Australia's venues using it for data analytics, inventory management, and personalised marketing to boost revenue and efficiency.

By Paul Hadida • 5 min read • Mon, 30th Sep 2024

Liquidation

Renowned insolvency expert Michael Makridakis joins Taylor David

Michael Makridakis has joined Taylor David as a Partner, bringing over 20 years' experience in multi-jurisdictional insolvency to the renowned law firm.

By Imee Dequito • 3 min read • Mon, 16th Sep 2024

Unified Communications

Unification over best-in breed: Why is an integrated tech stack key to business growth?

Australian small and medium businesses are turning to integrated tech stacks to streamline operations, enhance collaboration, and drive growth amid economic volatility.

By Vijay Sundaram • 4 min read • Wed, 24th Jul 2024