Liquidations shoot through the roof, construction failures up 25%
Construction, property and agriculture bear the brunt, while hospitality companies are also more than 'twice as likely' to go to the wall, report notes.
Fail: construction firms lead the pack as liquidations soar.
Liquidation numbers surged to a record 306 in September, capping a quarter which saw a staggering 707 companies go to the wall.
That's a quarter up on the prior year and the highest level in a decade.
The New Zealand construction sector bore the brunt of tighter business conditions, representing 28%
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