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flag New Zealand company liquidations are surging, nearing 2024’s full-year record due to economic strain and tighter tax enforcement.

flag Company liquidations in New Zealand are on track to surpass the full-year 2024 total, with 1,974 cases recorded by August—up from 1,846 the previous year—driven by economic pressures, low consumer confidence, and stricter tax enforcement. flag The rate remains below 2008 crisis levels but is 40% higher than pre-pandemic averages, partly due to delayed financial distress from pandemic support. flag Similar trends are emerging in Australia, the UK, and the US, where tax authorities are also increasing enforcement. flag While receivership appointments are slightly down year-to-date, they remain above pre-Covid levels, and high business turnover is evident with more companies formed and dissolved. flag Analysts expect insolvency rates to continue rising into 2026.

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