Centrix in the media

6 October 2021 Posted by: Sarah Brown News

Recent online media coverage featuring Centrix insights or commentary:

September 2025

Fewer households behind on mortgages but company liquidations jump (The Press)
Credit bureau Centrix says new mortgage lending and refinances bright spots in a still-gloomy picture (interest)

More people get mortgages approved as another OCR cut expected (NewstalkZB)

Centrix Credit Report: Car loans improve (AutoTalk)

Sharp rise in business closures prompts fresh call to back local (Chris Lynch – Christchurch Newsroom)

Mortgage lending activity on the rise as homeowners shop for the best deals (NewstalkZB)

Mortgage defaults improve while lending rises (GoodReturns)

Business closures prompt renewed calls for urgent local support (Building Today)

Major rise in company liquidations (Otago Daily Times)

Mortgage defaults improve while lending rises (NZ Mortgage Magazine)

Palmerston North Cafe Cuba’s $1.5m tax bill; local business snaps up its assets (NZ Herald)
Business Closures Now A Daily News Story – Renewed Calls For Urgent Local Support (Business Scoop)

More companies into liquidation after increased enforcement by IRD (1News online)

More companies going into liquidation after increased enforcement by IRD (RNZ)

August 2025

National Party Conference – Homelessness, poverty, rigging the election and an imploding economy – the bitter harvest of a right wing ideological experiment (The Daily Blog)
Car finance figures plateau (AutoFile)
Vehicle loan arrears improving (AutoTalk)
Liquidators looking for buyer for Wellington events company Hiremaster (BusinessDesk)
Companies that fail to hand over GST and PAYE in the spotlight (The Press)
Construction sector activity at six-year low, 16,000 jobs lost in past two years alone (NZHerald)
Construction sector on track for 2026 recovery, despite falling revenues (RNZ)
Popular cafe forced to close as business is placed in liquidation (NewstalkZB)
Consumer debt dips to $14.5b but 470,000 Kiwis are behind on payments (NZ Herald)
478,000 Kiwis Behind On Repayments As Financial Hardship Persists (Business Scoop)
Almost 20 percent increase in hospitality businesses closing with 2500 gone (RNZ)
‘A lot of pain’: More than 2500 hospo businesses gone (Otago Daily Times)
Almost 20% increase in hospitality businesses closing with 2500 gone (Stuff)
Capital rebound may have begun, even as celebrated brew bar reports startling fall in business (Stuff)
It’s hard to remember a more difficult time for the hospitality industry – Editorial (NZHerald)
Capital rebound may have begun, even as celebrated brew bar reports startling fall in business (Stuff)

It’s hard to remember a more difficult time for the hospitality industry – Editorial (NZHerald)

Increase in pressure on household budgets across New Zealand as consumers cut back on discretionary spending (NZHerald)
Centrix says 478,000 people behind on payments this June quarter, hospitality sector one of the most vulnerable industries in current economic climate (interest.co.nz)
Mortgage arrears: 21,600 home loans were past due in the June quarter, according to credit bureau Centrix (interest.co.nz)
Average home loan passes $500,000 as size of first home-buyer loans nears historic peak (The Post)
Consumer debt issues down, but liquidations up (RNZ)
“Continuing trend of improvement” as rate of late payments falls slightly (NewstalkZB)
More mortgage loans tip into non-performing group (Good Returns)
More mortgage loans tip into non-performing group (The New Zealand Mortgage Mag)
Mortgage arrears ease as credit demand and business stress persist (NZA)

July 2025

Customers weighing up worth of insurance to battle rising costs (RNZ)
Some Kiwis considering ditching insurance due to rising costs (RNZ)
Specialist lenders respond as financial hardship cases rise in June (NZA)
Size of vehicle loans grows (Autofile)
Why the Reserve Bank is tipped to pause rate cuts (Stuff)
Mortgage arrears still challenging (Good Retuns)
Mortgage arrears still challenging (The New Zealand Mortgage Mag)
Tātau Tātau O Te Wairoa Calls For Urgent Government Investment Following Alarming Arrears Statistics (Community Scoop)
As house prices drop, will the retirement nest egg still be such a safe bet? (Auckland News)
Claire Dale says changes to KiwiSaver, global economic uncertainty and predictions house prices could drop by as much as 20% by 2030 all mean retirement is looking very different to how it once did (interest.co.nz)
With falling house prices, fewer retirees can rely on their home as a nest egg (1news)
As house prices drop, will the retirement nest egg still be such a safe bet? (RNZ)
Loan Arrears Still a Big Concern for Kiwi Households (infonews.co.nz)
MPs deluged with tales of irresponsible lending (The Post)
As Kiwis battle rising electricity bills, campaigners call for change – Power to the People, part 1 (NZHerald)
‘We are suffering’: Solo mum used Afterpay for food after power bills chewed up benefit (NewstalkZB)
Company liquidations still on the rise – when will they fall? (NewstalkZB)
Household debt easing but businesses still doing it tough (1News)
Company liquidations on the rise as the IRD ‘tidies up’ historic debt (NewstalkZB)
Financial hardship cases rise (Stuff)
Auto loan arrears dip but defaults still elevated, Centrix finds (AutoTalk)
Financial hardship cases rise (RNZ)
Finally, some brightness amidst the gloom (Channel Magazine)
Nicola Willis says NZ economy feeling ‘aftershocks of world events’ as more Kiwis struggle to pay bills (NZHerald)
Financial Hardship Cases Up In June, What Does It Mean? Specialist Lenders Break It Down (Business Scoop)
Financial hardship case numbers rise (Otago Daily Times)
So many extreme weather events, but no mention of climate change (The Kaka)
Centrix Credit Indicator reveals hardship on steady rise, more unable to pay bills (NZHerald)

June 2025

How rich is your region? Best credit score, most affordable housing and lowest unemployment revealed (RNZ)
More dealers seeking credit (Autofile)
Roadworks extended, auction fundraiser planned, property asking prices drop (ThePress)
Lotto fever grips New Zealand amid financial struggles and rising living costs (NZHerald)
Is 420 the magic credit score number for a home loan application? (RNZ)
How bad can your credit score get before it’s a problem? (1news)
Financial challenges are ongoing (Channel Magazine)
Mortgage arrears drop in April but financial hardships rise for middle-aged (NZ Herald)
Increase in NZ borrowers in serious arrears as job market stalls (The Post)
Company profits jump (Autofile)
Households boosted by falling interest rates (RNZ)
Consumer arrears fall as company liquidations remain high (NewstalkZB)
Mortgage arrears falling but hardships up (Good Returns)
Builder’s close-call amid depression crisis in construction (NewstalkZB)
Auto lending picks up as consumer credit trends improve (Autotalk)

May 2025

Falling interest rates yet to put dent in mortgage arrears (NZ Herald)
Overdue home loan payments reach eight-year high – Centrix (RNZ)
Overdue mortgage payments hit eight-year high (Otago Daily Times)
Inside Economics: How much Government debt is too much? … plus oil prices plummet (NZ Herald)
Automotive arrears increase (Autofile)
Unemployment freezes while debt stress rises while Reserve Bank warns of global risk (The Daily Blog NZ)

April 2025

Signs of optimism as number of NZers behind on payments falls (BusinessDesk)
Green shoots of optimism as number of Kiwis behind on payments falls (NZHerald)
Mortgage stability marks New Zealand’s economic uptick (NZ Advisor)
Borrowers behind in mortgage payments ebbing (Good Returns)
Arrears on vehicle loans flat (Autofile)

March 2025

Payments arrears spike over the holiday season (The Press)
Distressed home loans reach record highs (The Mortgage Magazine)
Demand for car loans falls (AutoFile)
Mortgage arrears hit 8-year high, liquidations surge 38% (NBR)
Mortgage arrears hit an eight-year high despite falling interest rates (NZ Herald)
New Zealand mortgage arrears hit eight-year high (Stuff)
Liquidations rise 38% led by hospitality and transport sectors (BusinessDesk)
Credit bureau Centrix says 23,700 home loans are past due, a 6% year-on-year increase (Interest.co.nz)
Number of people behind on mortgages at 8-year high (RNZ)
Mortgage arrears at an eight-year high – Centrix (1News)
Distressed home loans reach record highs (Good Returns)
Number of people behind on mortgages at 8-year high (Otago Daily Times)
Auto loan demand down 5.6% y/y in January quarter (AutoTalk)
Financial Hardship At Its Highest Level Since 2020 (Scoop)
KIWI RECESSION: Mortagage arrears at an eight-year high (Property Noise)
NZ faces rising mortgage arrears amid lower interest rates (NZ Advisor)
Mortgage arrears now at an eight-year high (NZ Mortgage Mag)

February 2025

“Hedge your bets”: Mortgage broker advises caution amid OCR uncertainty (NewstalkZB)
“A seasonal thing”: Centrix remains optimistic despite rising consumer arrears (NewstalkZB)
Number of mortgage holders behind in payments up 1,100 in one month (Good Returns)
Vehicle-loan demand slides (Autofile)
Where are the mortgagee sales? (RNZ)
Home loan pain; Auckland worst despite Wellington public sector cuts (The Press)
Centrix report shows 470,000 borrowers in arrears (RNZ)
470,000 Kiwis behind on repayments as festive season spending pushes more into debt (NZ Herald)
Mortgage stress drives 19% spike in financial hardship (NBR)

January 2025

The businesses that didn’t make it through 2024 (MSN)

The thing you should avoid more than any to get your finances back on track (The PRess)

Editorial: Ease this year’s financial worries by planning ahead now (NZ Herald)

Christopher Luxon’s first year as PM and the challenges ahead (NBR)

$300b mortgage debt ‘tsunami’ due to hit this year (NBR)

Company liquidations at 10-year high ‒ will it get worse? (Stuff)

South Canterbury company behind Temuka cafe declared insolvent (The Press)

December 2024

In the red: past-due column grows ahead of Christmas (NBR)

EY NZ quits restructuring, report reveals (NBR)

‘Challenging picture’: 461,000 borrowers behind on their payment (NZHerald)

Big jump in loan defaults as debt-fuelled holiday season begins (Waikato Times)

Credit insights paint challenging picture this festive season (Stuff)

Number of liquidations expected to increase over next six months at least (The Press)

Debt pressures still a big issue across the economy – report (RNZ)

Hard times not easing much for mortgage borrowers (Good Returns)

A review of things you need to know before you sign off on Tuesday; mortgage curve loses its inversion, Barfoots talk up November results, Centrix highlights hard-hit sectors, another milk payout rises, swaps & NZD little-changed, & more (Interest)

Rising number of liquidations sees wholesale trade sector, construction and transport hard hit, credit bureau Centrix says (Interest)

November 2024

Company liquidations hit 10 year high (Stuff)

More than 450,000 Kiwis behind on debt repayments as festive spending season looms (NZ Herald)

Consumer credit demand in decline but arrears up, Centrix chief executive says (RNZ)

Rise in households struggling with mortgage repayments (NZ Mortgage Magazine)

Company liquidations hit highest monthly level in a decade, Centrix says (Interest)

Buy now, pay later the most common first-time path to credit/debt (Interest)

Wellington glows red on ‘heatmap’ of loan financial hardship (The Press)

Sixty people a week seek budgeting help in Hamilton (Waikato Times)

Surge in Wellington homeowners getting rates help (The Post)

Real-time insights for better builds (BusinessDesk)

Car loan arrears tipped to grow (Autofile)

Home loan hardship numbers at record levels (RNZ)

Has New Zealand reached peak financial hardship? (RNZ)

Hospitality crunch: Auckland beachfront restaurant in liquidation – what went wrong? (NZHerald)

Early signs of improvement in household finances as mortgage struggles peak  (NZHerald)

October 2024

Applications for credit cards highest since 2021 (RNZ)

Company liquidations up 19 percent on last year (RNZ)

Cost-of-living: Economic challenges still weighing on households and businesses (NZHerald)

Tough times are getting tougher for the building industry as fewer and fewer new homes are being consented (Interest)

Five charts that show the tough financial state households are in (The Post)

The co-working companies defying the downturn (The Press)

September 2024

Liquidations are up 19% year-on-year, Centrix report says (BusinessDesk)

Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year (Interest)

How to stop living pay day to pay day (Stuff)

‘They’re just not spending money’ – consumer credit demand continues to tumble (RNZ)

Businesses going bust as households leave money in the bank (Waikato Times)

‘They’re just not spending money’ – consumer credit demand continues to tumble (MSN)

Kiwis are getting a handle on their finances, data shows (NewstalkZB)

Businesses going bust as households leave money in the bank (The Press NZ)

A review of things you need to know before you sign off on Tuesday; no retail rate changes, Auckland house sales soft, non-performing housing loans rise, liquidations rise, swaps stable, NZD eases slightly, & more (Interest)

Auckland Chamber of Commerce CEO says IRD behind increase in business closures (NewstalkZB)

Liquidation numbers soar as businesses ‘can’t hang on’ (1News)

Financial stress eases for young Kiwis but rises for mortgage holders (NewstalkZB)

Financial stress climbs for Kiwis with home loans, eases for young adults – Centrix report (NZHerald)

As liquidation numbers soar, businesses ‘can’t hang on’ (RNZ)

Are things looking up for retailers at last? (RNZ)

August 2024

Vehicle loan demand slumps (AutoTalk)

Duncan Garner: It’s an apocalypse now, Adrian, so stop suffocating our economy (The Listner)

Young people are bypassing construction careers (The Press)

Editorial: Mortgage rates are coming down – but is the lowest rate really the best deal? (NZHerald)

Duncan Garner – Editor In Chief: LIVE – Ep. 46 (YouTube from 4.49 mins)

Households’ loan arrears may have peaked but businesses likely to face tougher times – Centrix (NZHerald)

An ‘abnormally high’ 49,200 companies closed in past year – Centrix (The Press)

NZ’s debt burden stabilises, but businesses still struggle (RNZ)

Vehicle loan enquiries drop (Autofile)

Auckland businesses liquidate at twice the rate of other regions (RNZ)

Businesses are yet to benefit from a decreasing cost of living (NZCity)

NZ’s debt burden stabilises, but businesses still struggle (Microsoft)

July 2024

Liquidations trend upwards as small businesses suffer (NewstalkZB)

Housing advocates claim Kāinga Ora revamp will increase homelessness (Newhub)

Funding cuts for some budget services ‘quite frightening’ – mentor (1News)

Company insolvencies and liquidations up, 474,000 people now behind on payments (RNZ)

Centrix says all sectors have seen liquidations rise, with retail trade companies experiencing the largest increase annually followed by the property/rental and transportation sectors (Interest)

Company insolvencies and liquidations up, 474,000 people now behind on payments (NZ Herald)

More consumers fall behind on mortgage, credit card payments (RNZ)

Dealers top liquidation risk ratings (Autofile)

Consumers ‘better off’ with dealer finance (Autofile)

Mortgages and cars – the two should not go together (GoodReturns)

Mortgages and cars – the two should not go together (NZ Mortgage Magazine)

New home consents down 32% from peak (The Post)

June 2024

Business defaults, liquidations rise as sector faces ‘very challenging’ environment (NZHerald)

Who’s doing well despite the recession? (NewsHub)

Centrix reports 5,000 less overdue consumer accounts in April but sees business liquidations and insolvencies surge by 19% and 30% respectively (Interest)

Company insolvencies up 30% on last year (BusinessDesk)