NZ's business credit defaults are up 13 per cent since last year

A column chart shows the average default amount for business credit defaults in NZ since April last year. The average amount in April 2022 was $4,496 while in April 2023 it was $4,052.
In addition to the business credit default index increasing, Centrix data shows the average amount that business loans are in default has also risen above $4,000.
ABC News Source: Centrix Get the data