Lowest level of corporate insolvencies since electronic records began
But this is expected to rise.
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New Zealand is seeing the lowest level of corporate insolvencies since electronic records began, but this is expected to rise along with interest rates.
Companies benefitted from excess liquidity from 2014 to 2016 through lower costs of borrowing, fewer covenants and higher leverage.
However,
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Calida Smylie
Fri, 20 Oct 2017
Fri, 20 Oct 2017
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Lowest level of corporate insolvencies since electronic records began
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