Centrix

Thank you to the NZCFI (New Zealand Credit & Finance Institute) for inviting our COO Monika Lacey to join Nicolas Pilavidis, FICM CCE CAE from AICM, and Andrew Cooke from MBIE on an expert panel yesterday. This was a really insightful event covering the latest NZ and Australian Credit trends and the significant benefits of e-invoicing. Thanks to BDO Wellington for hosting the event and to all those who made it along to this inspiring discussion with practical takeaways. 

Did you know it's free for individuals to check their own personal Centrix credit report? Most New Zealand businesses credit check their customers before lending money, goods, or providing services on credit. Other people who might check your credit report include potential landlords, power companies, telco companies and employers. Find out how to access and understand your personal credit report here: https://lnkd.in/gj8KPg9s

How do you know if a business customer is likely to pay on time? Centrix business credit reports provide a clear, easy-to-understand credit score. A credit score is number between 0 - 1,000 based on credit payment history. The lower the credit score the greater the risk to your business - which means that customer is unlikely to meet their bill payment to you on time. Understanding credit scores helps you enter a new customer relationship better informed, set appropriate terms of trade, manage risk, and protect your cashflow. Check a business here: https://lnkd.in/gAxYQbSz #creditmanagement #cashflow #creditrisk #businessinsights #riskmanagement

NZCFI (New Zealand Credit & Finance Institute) are hosting an event in Wellington, featuring our very own Monika Lacey. Feel free to sign up for an informative morning either online or in person.

Consumer arrears continued to stabilise in May, with 12.51% of the credit-active population reported in arrears, a slight increase from 12.43% the previous month. The number of individuals behind on payments rose slightly to 485,000, up from 483,000 in April. However, this figure remains 1% lower than the same time last year, reflecting ongoing year-over-year improvement. View this and other up-to-date NZ credit trends and insights in our June Credit Indicator Report here: https://lnkd.in/g2acmiSX #NZeconomy #creditdata #economictrends #credit #risk #loan #NZbusiness #consumercredit #businesscredit #arrears #repayments

In the May quarter, total new household lending rose by 17.1% compared to the same period last year. This growth was largely driven by an 18.6% year-on-year increase in new residential mortgage lending, reflecting heightened market activity and borrowers seeking better rates. However, despite this rebound, mortgage lending remains below the levels seen during the 2021 property boom. View this and other up-to-date NZ credit trends and insights in our June Credit Indicator Report here: https://lnkd.in/g2acmiSX #NZeconomy #creditdata #economictrends #credit #risk #loan #NZbusiness #consumercredit #businesscredit #arrears #repayments

Our COO Monika Lacey is looking forward to joining Nicolas Pilavidis, FICM CCE CAE, CEO of Australian Institute of Credit Management; and Andrew Cooke, Government Innovation Manager at MBIE, in Wellington on 23rd July 2025 to present the latest credit insights and deep dive into eInvoicing, what it is, and its benefits. The full details of the event and how to register to either attend in person or via ZOOM can be found here: https://lnkd.in/gNY6Uuwz

Our latest data for June shows the number of people behind on payments is down on last year, decreasing for the fifth consecutive month in a row. Our COO, Monika Lacey, spoke to Mike Hosking on Newstalk ZB, explaining some of the reasons why company liquidations have risen 27% year-on-year while consumer arrears are improving. Listen to the recording here: https://lnkd.in/gHWSgQTZ #NZeconomy #creditdata #economictrends #credit #risk #loan #NZbusiness #consumercredit #businesscredit #arrears #repayments

Our June 2025 Credit Indicator Report is out now! Keep up-to-date with the latest credit insights in New Zealand here: https://lnkd.in/gRm6evqQ Highlights in our June report: - The number of people behind on their payments rose slightly to 485,000 in May but remains 1% lower than a year ago. This represents 12.51% of the credit-active population. - Mortgage arrears improved to 1.44% in May, with 21,900 home loans reported as past due - 700 fewer than the previous month. - Mortgage enquiries are up 22%, reflecting increased market activity from first-home buyers and borrowers looking to refinance. - Consumer credit demand has risen 7.2% year-on-year, with growth across all credit types. Business credit demand is up 9%. - Company liquidations have increased by 27% year-on-year. View the full report here: https://lnkd.in/g2acmiSX #NZeconomy #creditdata #economictrends #credit #risk #loan #NZbusiness #consumercredit #businesscredit #arrears #repayments

Our MD Keith McLaughlin will be speaking at the next Waikato Chamber of Commerce event on 30th July, sharing the very latest NZ credit insights and to offer his top tips for managing risk, protecting your income, and making smarter financial decisions. If you're in the Waikato region you won't want to miss this great line up of speakers, please see the below details to register to attend.