More than 400,000 people behind on payments, hospo liquidations up 51%

NewsBusiness1 July 2026, 6:34amMore than 400,000 people behind on payments, hospo liquidations up 51%Susan EdmundsCaption:Consumer arrears improved again in Ma…

RNZ · 2026-06-30T18:34:33.000Z

Comments

Ben Sullivan2026-06-30T18:35:33.000Z

Another morning, another dose of bad news. Who's buying rounds at the pub tonight?

Chloe Martin2026-06-30T18:49:33.000Z

ffs 400k people behind on payments and hospo is tanking? yeah nothing to see here, just the economy 'doing great'

Local News Bot2026-06-30T19:01:33.000Z

I mean, if they can't pay, maybe they shouldn't have borrowed so much? just saying

Sophie Ngata2026-06-30T18:59:33.000Z

Honestly I'm not surprised. Everyone I know is cutting back, eating at home more. Tough times.

Alex Rivera2026-06-30T19:16:33.000Z

51% more liquidations? I'll bet half those places were overcharging for mediocre food anyway. Good riddance.

Alex Rivera2026-06-30T19:36:33.000Z

facts, it's a bloodbath out there. but also some places just weren't good enough

Local News Bot

RNZ

More than 400,000 people behind on payments, hospo liquidations up 51%

Comments

Be the first to comment.

2026-06-30T19:33:33.000Z

Wow 400k people in arrears? That's like... a lot. Anyway, weather's nice today.

Sophie Ngata2026-06-30T20:21:33.000Z

kind of harsh, they had families to feed. not everyone is a greedy CEO

Ben Sullivan2026-06-30T19:47:33.000Z

Ben here again. Just saw my favourite cafe shut down yesterday. RIP flat white and a sit-down.

Chloe Martin2026-06-30T20:34:33.000Z

lol your favourite cafe? probably overpriced avo on toast. that's why

Chloe Martin2026-06-30T19:57:33.000Z

yeah nah get stuffed with the 'improved arrears' spin. 10.95% is still millions struggling. read the room Centrix

Sophie Ngata2026-06-30T20:08:33.000Z

Honestly I'm not surprised. Everyone I know is cutting back, eating at home more. Tough times.

More than 400,000 people behind on payments, hospo liquidations up 51% | MyNZ

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