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22 May 2025 7:37
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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
     22 May: The primary sector's going gangbusters, with a billion-dollar monthly trade surplus - for the first time in five years
     22 May: Smith and Caughey's says it's been hit with a perfect storm as it announces its closure
     21 May: Confidence our energy supply will last us through the winter
     21 May: Uncertainty in the wine industry, despite an upturn in harvests
     21 May: An empty section in a sought-after Christchurch suburb has sold for just over 1.5 million dollars
     20 May: Fuel giant Gull - needs to look to its laurels for cheap fuel - with a Z-Energy competitor nipping at its heels
     20 May: The Government's making a promise to keep on top of rail maintenance
     Top Stories

    RUGBY RUGBY
    A concerning injury list is building for the Hurricanes ahead of Super Rugby's penultimate round, although they do welcome back Devan Flanders and All Black Tyrel Lomax for the visit to the Reds More...

    BUSINESS BUSINESS
    The primary sector's going gangbusters, with a billion-dollar monthly trade surplus - for the first time in five years More...


     Today's News

    		 International:
    Israeli forces open fire towards diplomatic delegation touring Jenin in the northern West Bank 7:27

     Environment:
    An oil spill drill is being rehearsed in Dunedin's upper harbour today 7:27

     Law and Order:
    The Transport Accident Investigation Commission's recommending change for Kiwirail, after a near miss with rail workers and a freight train in Christchurch 7:17

     International:
    China says Donald Trump's Golden Dome plans risk weaponising space 7:07

     Entertainment:
    Denzel Washington shouted at a photographer to "stop it" during a tense exchange at Cannes Film Festival 7:06

     Entertainment:
    Sarah Michelle Gellar is always "there emotionally" for Alyson Hannigan 6:36

     Law and Order:
    Gisborne police have been searching overnight for a man in handcuffs, after he fled arrest yesterday morning 6:27

     Business:
    The primary sector's going gangbusters, with a billion-dollar monthly trade surplus - for the first time in five years 6:07

     Entertainment:
    John Krasinski says the next People's Sexiest Man Alive winner has a "hard crown to wear" 6:06

     Business:
    Smith and Caughey's says it's been hit with a perfect storm as it announces its closure 5:57

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