Ella Somers
Latest articles
IAG New Zealand CEO says strong insurance support not enough when it comes to responding to natural hazard threats and government needs to take ‘urgent’ steps to make sure NZ’s natural hazards are better managed
1st May 25, 5:00am
by Ella Somers
IAG New Zealand CEO says strong insurance support not enough when it comes to responding to natural hazard threats and government needs to take ‘urgent’ steps to make sure NZ’s natural hazards are better managed
Financial Markets Authority picks six fintechs to test out new ideas in a regulatory sandbox pilot programme to take place this year
29th Apr 25, 3:06pm
by Ella Somers
Financial Markets Authority picks six fintechs to test out new ideas in a regulatory sandbox pilot programme to take place this year
New report says only 44% of New Zealanders feel prepared for retirement
29th Apr 25, 1:21pm
by Ella Somers
New report says only 44% of New Zealanders feel prepared for retirement
KiwiSaver early withdrawals reached record monthly high in March as more savers tap funds for first homes and financial hardship
29th Apr 25, 9:25am
by Ella Somers
8
KiwiSaver early withdrawals reached record monthly high in March as more savers tap funds for first homes and financial hardship
[updated]
Insurance Council says a 'low number' of New Zealanders consider changing their insurance providers and urges people to shop around
28th Apr 25, 12:48pm
by Ella Somers
2
Insurance Council says a 'low number' of New Zealanders consider changing their insurance providers and urges people to shop around
Forsyth Barr analysts highlight ‘tempered outlook’ for Tower after the insurer raises annual profit expectations but lowers premium growth guidance again
24th Apr 25, 9:27am
by Ella Somers
1
Forsyth Barr analysts highlight ‘tempered outlook’ for Tower after the insurer raises annual profit expectations but lowers premium growth guidance again
Heartland Bank is chipping away at car loan troubles but Forsyth Barr analysts say tough times for the bank aren’t over yet
18th Apr 25, 8:03am
by Ella Somers
3
Heartland Bank is chipping away at car loan troubles but Forsyth Barr analysts say tough times for the bank aren’t over yet
Job ad volumes have risen for the first time quarter-on-quarter in over two years, according to Seek
17th Apr 25, 12:01am
by Ella Somers
Job ad volumes have risen for the first time quarter-on-quarter in over two years, according to Seek
[updated]
Grocery and beverage costs push March food prices up 0.5%, with annual increase hitting 3.5% ahead of key inflation data out later this week
15th Apr 25, 12:17pm
by Ella Somers
5
Grocery and beverage costs push March food prices up 0.5%, with annual increase hitting 3.5% ahead of key inflation data out later this week
What is and and isn’t covered under the deposit insurance scheme launching in July
11th Apr 25, 11:10am
by Ella Somers
8
What is and and isn’t covered under the deposit insurance scheme launching in July
Woolworths New Zealand plans to press on with workforce restructure as part of new operating model to be piloted in upper North Island stores
10th Apr 25, 5:07pm
by Ella Somers
7
Woolworths New Zealand plans to press on with workforce restructure as part of new operating model to be piloted in upper North Island stores
Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates
10th Apr 25, 8:00am
by Ella Somers
Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates
Parliamentary Commissioner for the Environment Simon Upton recommends phasing out forestry offsets for fossil emissions in the New Zealand Emissions Trading Scheme
9th Apr 25, 2:00pm
by Ella Somers
5
Parliamentary Commissioner for the Environment Simon Upton recommends phasing out forestry offsets for fossil emissions in the New Zealand Emissions Trading Scheme
Financial Markets Authority signals tougher oversight of New Zealand’s banks over the length of time they’re taking to implement OCR rate cuts as CoFI regime takes effect
9th Apr 25, 10:40am
by Ella Somers
3
Financial Markets Authority signals tougher oversight of New Zealand’s banks over the length of time they’re taking to implement OCR rate cuts as CoFI regime takes effect
Wealth platform Sharesies reports $2.89 billion in March quarter trading volume
8th Apr 25, 6:52am
by Ella Somers
Wealth platform Sharesies reports $2.89 billion in March quarter trading volume
Finance and Expenditure Committee moves to wrap up banking inquiry without input from reinsurers, despite recommendation from Parliamentary Commissioner for the Environment
7th Apr 25, 10:26am
by Ella Somers
Finance and Expenditure Committee moves to wrap up banking inquiry without input from reinsurers, despite recommendation from Parliamentary Commissioner for the Environment
New research says New Zealanders still have a strong appetite for ethical investments and want their fund managers to get on board as well
7th Apr 25, 12:00am
by Ella Somers
2
New research says New Zealanders still have a strong appetite for ethical investments and want their fund managers to get on board as well
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
4th Apr 25, 12:14pm
by Ella Somers
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
3rd Apr 25, 4:15pm
by Ella Somers
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
Kiwibank's parent Kiwi Group Capital welcomes RBNZ’s bank capital review as Kiwibank faces questions on digital and competitive challenges
2nd Apr 25, 2:55pm
by Ella Somers
1
Kiwibank's parent Kiwi Group Capital welcomes RBNZ’s bank capital review as Kiwibank faces questions on digital and competitive challenges
SEEK says financial worries are keeping many New Zealanders in jobs longer and fueling career regrets
2nd Apr 25, 9:51am
by Ella Somers
2
SEEK says financial worries are keeping many New Zealanders in jobs longer and fueling career regrets
Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed
1st Apr 25, 2:35pm
by Ella Somers
3
Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed
Simon Upton, Parliamentary Commissioner for the Environment, tells banking inquiry its ‘entirely appropriate’ for banks and insurers to consider climate risks in order to ensure the sustainability of profits over time
1st Apr 25, 9:23am
by Ella Somers
3
Simon Upton, Parliamentary Commissioner for the Environment, tells banking inquiry its ‘entirely appropriate’ for banks and insurers to consider climate risks in order to ensure the sustainability of profits over time
Finance Minister Nicola Willis to reveal government’s next steps for increasing grocery sector competition on Sunday
28th Mar 25, 4:28pm
by Ella Somers
16
Finance Minister Nicola Willis to reveal government’s next steps for increasing grocery sector competition on Sunday
Inflation expectations climb to 4.2% in latest ANZ-Roy Morgan Consumer Confidence Survey, as consumer confidence drops
28th Mar 25, 12:07pm
by Ella Somers
6
Inflation expectations climb to 4.2% in latest ANZ-Roy Morgan Consumer Confidence Survey, as consumer confidence drops