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Insolvency Stories - Page 3

Kiwi Stories

Insolvency stories

Liquidation no escape from health and safety accountability
Risk & Compliance

Liquidation no escape from health and safety accountability

WorkSafe says directors remain liable after insolvency, as a painter’s death in Bucklands Beach exposed failures to use edge protection.

By Michael Curreen • 3 min read • Fri, 29th Jul 2022
Probuild’s failure a ‘wake-up call’ for construction industry
Supply Chain

Probuild’s failure a ‘wake-up call’ for construction industry

Rising costs and supply chain strain have left owners and subcontractors facing delays, overruns and wider disruption after Probuild's collapse.

By Staff Writer • 4 min read • Sun, 27th Feb 2022
Insolvencies hit Australian construction sector – is New Zealand next?
Supply Chain

Insolvencies hit Australian construction sector – is New Zealand next?

Construction firms are under pressure as insolvencies account for a quarter of all business failures, with New Zealand now watching closely.

By Staff Writer • 3 min read • Fri, 7th Jan 2022
Australian construction industry cries out for reform
Data Analytics

Australian construction industry cries out for reform

Record spending is exposing poor productivity, rising insolvencies and risk in Australia’s construction sector, industry leaders warn.

By Staff Writer • 6 min read • Fri, 10th Sep 2021
Construction industry post-lockdown – what you can do now to prepare
Digital Transformation

Construction industry post-lockdown – what you can do now to prepare

One-third of construction jobs are at risk as firms brace for insolvencies and shift training and services online to survive the lockdown.

By Staff Writer • 3 min read • Mon, 6th Apr 2020
Infrastructure sector sees 30% less jobs
Disaster Recovery

Infrastructure sector sees 30% less jobs

Thousands of New Zealand construction workers face redundancy within months unless sites can reopen safely and government support is stepped up.

By Staff Writer • 2 min read • Tue, 31st Mar 2020
Are your contractors competent?
Risk & Compliance

Are your contractors competent?

Companies can face serious penalties if they hire untrained contractors, after a forestry worker suffered major chest injuries in Waitakere.

By Michael Curreen • 3 min read • Tue, 14th Jan 2020
Subcontractors need to be protected when companies fail
Supply Chain

Subcontractors need to be protected when companies fail

Smaller contractors can be left tens of thousands of dollars out of pocket when builders collapse, prompting calls for stronger protections.

By Michael Curreen • 3 min read • Thu, 12th Sep 2019
Downfall of Arrow reflects high risk of construction
Supply Chain

Downfall of Arrow reflects high risk of construction

Contractors and subcontractors face fresh losses as Arrow’s collapse highlights mounting pressure and disputes over risk in New Zealand building work.

By Staff Writer • 2 min read • Thu, 28th Feb 2019
Visiting cybercrime expert says the deep web can benefit NZ businesses
Fintech

Visiting cybercrime expert says the deep web can benefit NZ businesses

Believe it or not, the deep web can actually benefit New Zealand businesses, according to visiting cybercrime expert Dr Stephen Hill.

By Sara Barker • 2 min read • Wed, 3rd May 2017

Global Stories

Insolvency stories

Longstanding Kiwi field service contractor Indeserve in liquidation
Data Analytics

Longstanding Kiwi field service contractor Indeserve in liquidation

IndeServe, a longstanding local service contractor that has worked with companies including IBM, Fujitsu and Datacom, has voluntarily filed for liquidation.

By Zach Thompson • 3 min read • Fri, 3rd Jun 2022
Why embracing cloud-based communication applications can give retailers a boost – 8x8
Unified Communications

Why embracing cloud-based communication applications can give retailers a boost – 8x8

For the Australian retail sector, finding ways to cut costs and improve productivity has never been more important.

By Brendan Maree • 5 min read • Wed, 28th Aug 2019
eCommerce requires beefed up cybersecurity to function well
Marketing Technologies

eCommerce requires beefed up cybersecurity to function well

In an increasingly interconnected world, online shopping and electronic transactions have now transcended its innovation status.

By Samantha Cruz • 5 min read • Tue, 20th Feb 2018
The disruptive force of blockchain and how it will shake up business as we know it
Blockchain

The disruptive force of blockchain and how it will shake up business as we know it

Blockchain technology is set to disrupt every aspect of business, from tax to governance, according to RSM Australia.

By Sara Barker • 3 min read • Mon, 10th Jul 2017

Stories from Other Regions

Insolvency stories

McGrathNicol has appointed two new partners
Partner Programmes

McGrathNicol has appointed two new partners

Restructuring and advisory firm McGrathNicol welcomes two new partners: Linda Smith and Michael Gray, bringing the total to 51 partners.

By Zach Thompson • 1 min read • Thu, 2nd Feb 2023
How to achieve technology-fuelled growth with finance
Semiconductors

How to achieve technology-fuelled growth with finance

2020 highlighted the reliance on technology in business, so leverage it to your advantage. Here's how to achieve tech-fuelled growth and fund it properly.

By Staff Writer • 4 min read • Wed, 31st Mar 2021
How IT firms can protect themselves from insolvency
Digital Transformation

How IT firms can protect themselves from insolvency

Insolvency is a word that few IT firms want to encounter, especially because of late payments or non-payments that can potentially damage cashflow.

By Sara Barker • 3 min read • Wed, 26th Apr 2017