Company liquidations are at a 10 year high.
Data from the Companies Office shows there were 2,500 liquidations last year – the highest since 2014.
Company receiverships are also the highest they've been since 2012, at 186.
BWA Insolvency's principal Bryan Williams told Ryan Bridge he doesn't think it's as bad as the Global Financial Crisis.
He says how the geopolitical environment will change and impact New Zealanders may alter things.
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The Mike Hosking Breakfast