Company liquidations up 26% despite improving credit trends

(Image: Supplied)

Wed, 01 Oct 2025

Credit trends are improving, though the number of company liquidations remains high as tax debt collection has intensified following a more lenient approach taken during the covid years.Credit reporting service Centrix said there was a 12% drop in the number of customers with debt arrears in August over July, or 1.8% on the year earlier.“Consumer arrears, year on year, have improved, and that’s a trend which is good. And if we start to see consumer sentiment improve, then that should flow through into businesses, which will be a rea...

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