The great repricing could be more painful than it sounds

The great repricing could be more painful than it sounds
The mispricing of assets has been a long time in the making. (Image: Annie Spratt/Unsplash)
Dileepa Fonseka
On a now-seemingly typical morning of torrential rain in Auckland, Tony Lusby is at the high court trying to stave off a liquidation.“I come today to plead with the court to give me more time.”Lusby is waiting on $188,000 from a client for a flooring job. He needs this money to pay Carters but, according to his story, the client hasn’t paid up. He told the court Carters had refused him a payment plan so now he was hoping the extra time would be enough for him to chase up the money he was owed.Lusby has turned up at court...

More Economy

Business confidence nixes July RBNZ cut
Economy

Business confidence nixes July RBNZ cut

Economists say July is a pause, not the end point.

Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025