The economic effects of the COVID-19 pandemic have seen an increase in demand for insolvency services. We believe this demand will only increase over the next few years.
While New Zealand hasnt seen the anticipated business failure that was predicted in early 2020, this is largely because the government has been propping the economy up.
Weve seen many companies adapting well to the new business environment, showing a Kiwi can-do attitude in their willingness to be flexible and change.
Theres no doubt that certain sectors of the economy have suffered more than others in the past year. But the companies that will struggle to survive as the level of government support lowers…
Read the full article at: https://www.scoop.co.nz/stories/BU2107/S00361/business-insolvency-in-a-pandemic-world.htm