Liquidations, insolvencies on upward trend this year

The tighter monetary policy outlook does not bode well for individuals and businesses with the lagged effects of the interest rate increases last year and possibly this year almost certain to see liquidations and insolvencies remaining on an upward trend for this year and possibly into next year.

The tighter monetary policy outlook does not bode well for individuals and businesses with the lagged effects of the interest rate increases last year and possibly this year almost certain to see liquidations and insolvencies remaining on an upward trend for this year and possibly into next year.

It is unlikely that an increase in liquidations will affect the Reserve Bank's decision on interest rates at its April monetary policy committee meeting. - I-Net Bridge

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