Credit risk stories
According to new research from Prospa, 40% of Kiwi small businesses use personal savings to support operations.
Queensland developers are being asked to inject millions as Condev races to complete projects and avert collapse.
Payment disputes and tougher retention rules are pushing construction firms towards digital tools to avoid fines and delays.
Borrowers face tighter lending rules as the Reserve Bank moves to curb risky loans amid house values rising 1.8% in July.
House buyers and investors face tighter mortgage rules from 1 March as the Reserve Bank warns high-LVR lending is rising again.
House prices and sales could weaken in September unless the Government extends mortgage deferrals as the wage subsidy ends and election looms.
Bond markets and prolonged virus disruption could strain weaker firms, with airlines, shipping and non-food retail facing the biggest risk.
Auckland’s more permissive zoning is helping ease prices, widen lending and give first-time buyers a better shot at home ownership.
Wellington-based startup Proper launches an app enabling landlords to conduct thorough background checks on potential tenants, ensuring trustworthy renters.
The feature will let small businesses on Xero see the credit risk of their potential customers, suppliers and partners.
Australian receivables management firm Credit Clear is using data analytics to improve its digital customer journey and provide more payment options.
Buy now, pay later schemes could damage credit scores and harm vulnerable consumers, warns credit firm ClearScore.
Australia atop in Asia-Pacific for B2B credit sales, yet 25% lack a credit strategy amid economic uncertainty.
A professional ecosystem has emerged that is providing e-learning courses to allow aspiring cybercriminals to make USD$12k in monthly earnings.
