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flag New Zealand's business insolvencies surge, doubling last year's rates, though start-ups show resilience.

flag Business insolvencies in New Zealand are more than double the rate from last year and exceed levels seen during the global financial crisis. flag Cash flow issues are blamed, with lower margins and decreased sales affecting many businesses. flag However, start-ups are proving more resilient, surviving longer than a decade ago. flag The economist predicts the situation may start to improve next year as interest rates fall and consumer spending increases.

5 months ago
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