Our latest data shows that sales growth and debt levels have tapered off, although sales are still up 15% on the same time last year (not allowing for inflation).
Debt is at similar levels as the same time last year, however a reduction in overdue debt is evident.
The Construction sector continues to be the main driver of both growth and arrears, while the Hospitality sector is in the best position when it comes to arrears issues.
Read our latest Market Insights Report based on 31 May data for the full picture.
It’s time to review the health of your ledger with our Management Reports, which are available through CRISworks to our Full Contributing Users. Contact us today to discuss how we can assist you with managing your risk on 09 520 0626 or enquiries@creditworks.co.nz
Please note that due to the vast amount of data required to produce these reports, most of which is accessed from a multitude of external sources, there is an inevitable time delay in their generation. However we prefer to defer their publication in favour of ensuring greater accuracy.