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  • Sep 02 2019 September 2, 2019September 8, 2020

    New Zealand Late Payments Analysis: June Quarter 2019

    Big business continues poor record of on-time payments
    illion’s June Late Payments Report has found the fishing and mining sectors performed particularly well on an annual basis, with payment times falling by 38% and 30.3% respectively. However, the agriculture, forestry and public administration sectors all saw at least double digit increases in late payment times.
    “One of […]

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  • May 20 2019 May 20, 2019September 8, 2020

    New Zealand Late Payments Analysis: March Quarter 2019

    New Zealanders better at paying their bills than Australians
    New Zealand businesses are paying overdue bills more quickly than a year ago, but larger firms continue to be the worst for settling their debts, according to illion’s Trade Late Payments Report for the 2019 March quarter. Payment times for New Zealand businesses have improved by six […]

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  • Nov 23 2018 November 23, 2018September 8, 2020

    New Zealand Late Payments Analysis: September Quarter 2018

    Late payment times fastest on record
    New Zealand businesses are paying overdue bills in the fastest time on record, according to illion’s Late Payments analysis for the September quarter 2018. At 5.2 days, the average late payment time for a New Zealand business has decreased 11.7 per cent year-on-year.
    “There was a broad increase in prompt payments […]

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  • Sep 25 2018 September 25, 2018September 8, 2020

    New Zealand Late Payments Analysis: June Quarter 2018

    Late Payments up 10% in FY2018
    New Zealand business paid overdue bills later in FY2018, with illion’s Late Payments analysis showing a 10 per cent annual increase to 6.8 days at the end of June 2018. Despite the rise, New Zealand’s figure remains well below the Australian average of 11 days. The current difference between the […]

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  • Jun 19 2018 June 19, 2018September 9, 2020

    New Zealand Late Payments Analysis: March Quarter 2018

    Cracks appearing in New Zealand economy
    Late payment times for New Zealand businesses have increased sharply, according to illion’s latest analysis. The average time taken to settle an overdue invoice was 6.8 days at the end of the March quarter 2018. The 22 per cent year-on-year spike leaves late payments at their highest level since the […]

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