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Kōrero: Business failures and corporate fraud

Occupational status of bankrupts

g-22326-data.txt
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As this graph indicates, in the early 1950s a high proportion of bankrupts were people who ran their own businesses – so their bankruptcy was usually a result of a business failure. By the 1980s a smaller proportion of bankrupts were business owners, and more were employees or unemployed people who ran into financial trouble from excessive personal spending.

Te whakamahi i tēnei tūemi

Te Ara - The Encyclopedia of New Zealand

Source: New Zealand Official Yearbook

This item has been provided for private study purposes (such as school projects, family and local history research) and any published reproduction (print or electronic) may infringe copyright law. It is the responsibility of the user of any material to obtain clearance from the copyright holder.

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Me pēnei te tohu i te whārang

Graeme Hunt, Business failures and corporate fraud – Personal bankruptcy, corporate failure and fraud, Te Ara – the Encyclopedia of New Zealand, https://teara.govt.nz/mi/graph/22326/occupational-status-of-bankrupts (accessed 4 June 2026).

He kōrero nā Graeme Hunt, i tāngia i te 13 January 2010.

Comments

Anne
26 July 2012
Are you adding more to the story about the Finance Property Developer collapse 2006 - to 2012. It would appear reading this whole story we have not learned the lessons of those early land speculations and continue the collapse story.