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Insolvency Stories - Page 3

Kiwi Stories

Insolvency stories

Probuild’s failure a ‘wake-up call’ for construction industry
Supply Chain

Probuild’s failure a ‘wake-up call’ for construction industry

Rising costs and supply chain strain have left owners and subcontractors facing delays, overruns and wider disruption after Probuild's collapse.

By Staff Writer • 4 min read • Sun, 27th Feb 2022
Insolvencies hit Australian construction sector – is New Zealand next?
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
Australian construction industry cries out for reform
Data Analytics

Australian construction industry cries out for reform

Record spending is exposing poor productivity, rising insolvencies and risk in Australia’s construction sector, industry leaders warn.

By Staff Writer • 6 min read • Fri, 10th Sep 2021
Construction industry post-lockdown – what you can do now to prepare
Digital Transformation

Construction industry post-lockdown – what you can do now to prepare

One-third of construction jobs are at risk as firms brace for insolvencies and shift training and services online to survive the lockdown.

By Staff Writer • 3 min read • Mon, 6th Apr 2020
Infrastructure sector sees 30% less jobs
Disaster Recovery

Infrastructure sector sees 30% less jobs

Thousands of New Zealand construction workers face redundancy within months unless sites can reopen safely and government support is stepped up.

By Staff Writer • 2 min read • Tue, 31st Mar 2020
Downfall of Arrow reflects high risk of construction
Supply Chain

Downfall of Arrow reflects high risk of construction

Contractors and subcontractors face fresh losses as Arrow’s collapse highlights mounting pressure and disputes over risk in New Zealand building work.

By Staff Writer • 2 min read • Thu, 28th Feb 2019
Visiting cybercrime expert says the deep web can benefit NZ businesses
Fintech

Visiting cybercrime expert says the deep web can benefit NZ businesses

Believe it or not, the deep web can actually benefit New Zealand businesses, according to visiting cybercrime expert Dr Stephen Hill.

By Sara Barker • 2 min read • Wed, 3rd May 2017
Employee claims he's owed $100,000 by Kiwi tech company in liquidation
Payment Technologies

Employee claims he's owed $100,000 by Kiwi tech company in liquidation

If you were owed $100k from your company, you'd feel pretty aggrieved wouldn't you? Ex-employee, Lawrence Sami certainly feels that way.

By Ashton Young • 2 min read • Fri, 16th Sep 2016
NZTG cleans up 'unfortunate situation' through deal with RS Comms
Mergers and Acquisitions

NZTG cleans up 'unfortunate situation' through deal with RS Comms

New Zealand Technology Group teams up with RS Comms to provide telecoms services to small and medium-sized businesses.

By Shannon Williams • 2 min read • Tue, 2nd Feb 2016

Global Stories

Insolvency stories

Why embracing cloud-based communication applications can give retailers a boost – 8x8
Unified Communications

Why embracing cloud-based communication applications can give retailers a boost – 8x8

For the Australian retail sector, finding ways to cut costs and improve productivity has never been more important.

By Brendan Maree • 5 min read • Wed, 28th Aug 2019
eCommerce requires beefed up cybersecurity to function well
Marketing Technologies

eCommerce requires beefed up cybersecurity to function well

In an increasingly interconnected world, online shopping and electronic transactions have now transcended its innovation status.

By Samantha Cruz • 5 min read • Tue, 20th Feb 2018
The disruptive force of blockchain and how it will shake up business as we know it
Blockchain

The disruptive force of blockchain and how it will shake up business as we know it

Blockchain technology is set to disrupt every aspect of business, from tax to governance, according to RSM Australia.

By Sara Barker • 3 min read • Mon, 10th Jul 2017
Australian businesses: Prepare for an economic slowdown
Data Analytics

Australian businesses: Prepare for an economic slowdown

Business risks are expected to increase in 2016. At the same time, it is unlikely there will be any improvement in the coming year.

By Catherine Knowles • 2 min read • Wed, 24th Feb 2016
Optimizer HQ subsidiaries' debts likely to top $11 million
Fintech

Optimizer HQ subsidiaries' debts likely to top $11 million

Claims against two Optimizer HQ subsidiaries are likely to hit $11.3 million, with liquidators reviewing the sale of business assets pre-liquidation.

By Heather Wright • 3 min read • Fri, 18th Dec 2015

Stories from Other Regions

Insolvency stories

McGrathNicol has appointed two new partners
Partner Programmes

McGrathNicol has appointed two new partners

Restructuring and advisory firm McGrathNicol welcomes two new partners: Linda Smith and Michael Gray, bringing the total to 51 partners.

By Zach Thompson • 1 min read • Thu, 2nd Feb 2023
How to achieve technology-fuelled growth with finance
Semiconductors

How to achieve technology-fuelled growth with finance

2020 highlighted the reliance on technology in business, so leverage it to your advantage. Here's how to achieve tech-fuelled growth and fund it properly.

By Staff Writer • 4 min read • Wed, 31st Mar 2021
How IT firms can protect themselves from insolvency
Digital Transformation

How IT firms can protect themselves from insolvency

Insolvency is a word that few IT firms want to encounter, especially because of late payments or non-payments that can potentially damage cashflow.

By Sara Barker • 3 min read • Wed, 26th Apr 2017