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23 May 2025 13:45
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      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

    21 May 2025
    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
     23 May: Rents have dropped around the country for a second month
     23 May: Supercars will race in the North and South Islands as part of a New Zealand double-header from next season - Christchurch's Ruapuna Raceway joins the calendar and Taupo's agreement extends until 2028
     23 May: The Finance Minister says the whole country will benefit from New Zealanders having more savings
     23 May: A boost for Nelson Hospital is the Government's largest ever investment in the city
     22 May: NZ Budget 2025: tax cuts and reduced revenues mean the government is banking on business growth
     22 May: Centre pieces of today's Budget include KiwiSaver changes - and a new business tax incentive
     22 May: New Zealand farmers are benefiting from a dairy renaissance
     Top Stories

    RUGBY RUGBY
    The Black Ferns are finding a balance between World Cup prep and putting out a winning side for Saturday's Pacific Four game against the United States More...

    BUSINESS BUSINESS
    Rents have dropped around the country for a second month More...


     Today's News

    		 Entertainment:
    Tom Hanks will star in an off-Broadway play he has co-written 13:36

     Business:
    Rents have dropped around the country for a second month 13:27

     Education:
    Erica Stanford's hinting next year's Budget will have more focus on secondary schools 13:07

     Entertainment:
    Anthony Anderson's home has been broken into 13:06

     Entertainment:
    Chris Brown has been released on bail by a London court after being charged over an alleged "unprovoked attack" 12:36

     Law and Order:
    Two men have been arrested over an alleged assault involving firearms in Christchurch 12:27

     Soccer:
    Michael Mayne's been rewarded with the Football Ferns coaching job after an intense balancing act 12:17

     Law and Order:
    Who are Kneecap and why has a member been charged with terrorism? 12:07

     Politics:
    NZ Budget 2025: funding growth at the expense of pay equity for women could cost National in the long run 12:07

     Entertainment:
    Jimmy Kimmel has become a grandfather 12:06

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