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CreditWorks Group is New Zealand's largest trade credit bureau. We have helped make industry a safer place to trade for over 20 years.

13/10/2026

On Thursday 12th November, our founder Ronnie Tan is speaking at the New Zealand Electrical Summit at Eden Park.

His session is called Know Who You're Trading With. Don't Get Caught Out. For an electrical business, getting paid matters as much as doing the job well. Ronnie will talk about why it pays to know who's on the other end of a job before you commit, and how a simple check up front can protect your cash flow.

The trade show and keynote sessions are free. No ticket, no registration. It's the first time the Summit has come north, so if you're in the trade, come along. Thanks to Master Electricians New Zealand for having us.

Full programme at https://www.masterelectricians.org.nz/for-industry/events/new-zealand-electrical-summit-2026/

11/10/2026

The October edition of our Latest Industry Risk Indicators is out, covering how New Zealand’s trade-related and construction sectors performed through August.

August was a steady month. Rolling annual sales rose 16.4% on last year, and every major industry we track grew, led by Concrete and Steel at 31.1%. Arrears edged back down to 2.91%, 89bps lower than a year ago and improved in Auckland, Wellington and Christchurch.

There is good news in the data itself too. CreditWorks has brought on new member data across several sectors in recent months, giving us a wider view of the market. Roughly a third of this year’s sales growth reflects that new coverage. Like for like, growth is still a healthy 10.3%.

Construction remains the sector to watch on arrears at 5.39%, although it improved over the month and is well down on last year.

The full report covers sector-by-sector detail, regional analysis and vendor payment behaviour. Read it on our website: https://creditworks.co.nz/latest-industry-risk-indicators-october-edition/

28/09/2026

We're proud to back the inaugural Best in Build Awards as Presenting Partner, celebrating the best in New Zealand's building industry.

The awards recognise the people, projects and businesses raising the bar across the whole supply chain, from trades and merchants to manufacturers, suppliers and designers.

Entries open Thursday 1st October and close Monday 30th November, with 20 categories to enter. Know a team, project or person who deserves the spotlight? Put them forward.

Enter the Best In Build Awards NZ here: https://www.bestinbuildawards.nz/entries-judging

23/09/2026

We’re pleased to share that testing for our new Inland Revenue data-sharing capability has now been successfully completed and we’re progressing towards go-live.

This marks a significant step forward for CreditWorks and our commitment to delivering the most comprehensive credit reporting solutions for New Zealand businesses.

Once live, this enhancement will allow Inland Revenue to share certain information about overdue tax owed by companies that will feed into the CreditWorks credit

reporting ecosystem. This will provide customers with greater visibility of overdue company tax debt and support more informed credit risk decisions. We’re excited by what this means for customers and look forward to sharing more details as we move closer to launch.

Watch this space.

21/09/2026

Watch for changes in payment behaviour, not just overdue invoices.

Most businesses focus on whether an account is overdue. The stronger signal is oftenhow payment behaviour is changing over time.

A customer who has always paid on time but is gradually taking longer to settle invoicesmay be showing signs of pressure before any formal default, collection activity, oradverse event appears.

That is why payment trends matter. They provide context that a single balance or ageingreport cannot.

The trend often tells you more than the balance.

13/09/2026

The September edition of our Latest Industry Risk Indicators is out, covering how New Zealand’s trade related and construction sectors performed through July.

July ran at two speeds. Rolling annual sales reached another cycle high, up 14.6% on last year, and every major industry we track grew. Concrete and Steel led the way at 28.9%.

At the same time a few measures stopped improving. Arrears rose for a second consecutive month, although at 2.94% they still sit 77bps below last July. New dwelling consents eased 4.2%. Construction remains the clear outlier on arrears at 5.53% against an overall rate of 2.94%.

That mix is normal at this point in a cycle. The annual comparisons are still the story and they are still good. The monthly direction is the part worth watching from here.

For the full breakdown, including sector-by-sector detail, regional arrears analysis and vendor payment trends, read the September edition here:https://creditworks.co.nz/wp-content/uploads/2026/09/CreditWorks-Insights-July-2026-month-end.pdf

08/09/2026

New Zealand earns its living offshore.

If your customers sit beyond our shores, so does your credit risk. An offshore customer is usually far harder to read than the one down the road, and the consequences of getting it wrong are larger, because goods have often already left the country before the first invoice falls due.

Through our long standing partnership with the Creditsafe Group, CreditWorks customers can order a credit report on a company almost anywhere in the world. More than 200 countries and territories, one international score from A to E on the same scale in every market, so a customer in Singapore is assessed against the same thinking you already apply at home.

If you have customers offshore, or you are being asked to extend terms into a market you do not know well, come and talk to us. We will walk you through what an international report looks like on a real company in your book.

Let's chat here: https://lnkd.in/eXys9gx6

01/09/2026

We’re proud to be supporting Constructive 2026 as a Silver Sponsor.

There is a reason this event matters to us. CreditWorks was formed at the request of the building industry, to give New Zealand businesses a trusted, independent view of commercial credit risk. Nearly three decades on, building and construction is still where a great deal of our work sits.

Our team will be at the Innovation Showcase across both days. Come and talk to us about what the latest trade payment data is showing across the sector, or bring your own ledger and we can take a look at it with you.

See you at Constructive 2026.

30/08/2026

A FINZscore turns a builder’s financial statements into a single A to E rating,so financial strength is easy to read at a glance.

It is New Zealand’s first financial viability rating system for the constructionindustry, developed by CreditWorks with Registered Master Builders NZ.Built from real financials and benchmarked against the industry, it is the samemaths a bank would use, with the jargon removed.

The scale runs from A through to E. It is about financial visibility, not judgement,because most financial problems are visible early, if you choose to look.

10/08/2026

Dive into the August edition of our Latest Industry Risk Indicators.

The recovery that has been building through the year continues to broaden. Rolling annual sales have climbed again to their strongest levels of the cycle, growth is now showing through across almost every industry, and arrears remain well below last year even after a modest lift over the month.

Underneath the headline figures, the activity is real rather than price-driven. Nominal sales rose 13.5% year on year while inflation-adjusted sales were up 10.0%, confirming genuine momentum. Total debt balances remained elevated, up 21.0% year on year, though around 15% of that reflects fuel-price effects rather than credit stress.

The regional story flipped this month. Wellington, which had run against the trend on the way up, recorded the sharpest improvement, with 60-day-plus arrears easing 129bps, while Auckland, Christchurch and the other regions edged higher. Even so, every region still sits below last year, with Christchurch and Auckland leading the annual improvement. Through June, the picture is one of steady, broad-based momentum, with only a few pressure points to watch.

For the full breakdown, including sector-by-sector detail, regional arrears analysis and vendor payment trends, read the August edition here:https://creditworks.co.nz/wp-content/uploads/2026/08/CreditWorks-Insights-June-2026-month-end-edition.pdf

Address

Level 4, 435 Khyber Pass Road
Auckland
1023

Website

http://creditworks.co.nz/

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