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Ella Somers
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General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0
9th Sep 24, 11:55am
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General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0
In a new episode of our Of Interest podcast, Grocery Commissioner Pierre van Heerden details what's needed to boost competition in NZ’s grocery sector
7th Sep 24, 9:15am
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In a new episode of our Of Interest podcast, Grocery Commissioner Pierre van Heerden details what's needed to boost competition in NZ’s grocery sector
Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
5th Sep 24, 11:57am
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Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
Kiwisaver governance lacks clarity, says Retirement Commissioner Jane Wrightson, as she calls for comprehensive reform and cabinet-level advocacy
4th Sep 24, 1:31pm
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Kiwisaver governance lacks clarity, says Retirement Commissioner Jane Wrightson, as she calls for comprehensive reform and cabinet-level advocacy
New Zealanders are falling short on retirement savings – is it time to boost KiwiSaver contributions?
3rd Sep 24, 6:24pm
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New Zealanders are falling short on retirement savings – is it time to boost KiwiSaver contributions?
In the Commerce Commission’s first grocery report, will the Grocery Commissioner give NZ’s grocery goliaths a gold star for effort – or will they be slapped with a negative report card?
3rd Sep 24, 7:44am
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In the Commerce Commission’s first grocery report, will the Grocery Commissioner give NZ’s grocery goliaths a gold star for effort – or will they be slapped with a negative report card?
Is there enough competition in New Zealand’s general insurance market? The country’s two biggest general insurers, with the majority of the market, say yes
30th Aug 24, 10:40am
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Is there enough competition in New Zealand’s general insurance market? The country’s two biggest general insurers, with the majority of the market, say yes
Shaw sees climate solutions as top investment opportunity; Watts and Bishop highlight urgent infrastructure needs
29th Aug 24, 9:31am
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Shaw sees climate solutions as top investment opportunity; Watts and Bishop highlight urgent infrastructure needs
Woolworths New Zealand’s annual earnings fall 56% amid $8 billion food sales and ‘competitive market’ pressures
28th Aug 24, 12:35pm
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Woolworths New Zealand’s annual earnings fall 56% amid $8 billion food sales and ‘competitive market’ pressures
Record $191 million in early KiwiSaver withdrawals during July as more people tap into KiwiSaver for first homes and financial hardship reasons
26th Aug 24, 2:06pm
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Record $191 million in early KiwiSaver withdrawals during July as more people tap into KiwiSaver for first homes and financial hardship reasons
New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
23rd Aug 24, 12:44pm
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New Zealand retail sales down 1.2% in June quarter, extending two-year downward trend in consumer spending
Auckland Airport says the total number of passengers and domestic visitors that went through the country’s biggest airport was up 17% to almost 18.5 million in the 2024 June-year but warns of future capacity challenges
22nd Aug 24, 11:57am
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Auckland Airport says the total number of passengers and domestic visitors that went through the country’s biggest airport was up 17% to almost 18.5 million in the 2024 June-year but warns of future capacity challenges
IAG NZ Chief Executive Amanda Whiting says insurer’s annual results showing $4.1 billion in gross written premium and $500.7 million in insurance profit ‘just demonstrate the sustainable outcome’
22nd Aug 24, 8:30am
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IAG NZ Chief Executive Amanda Whiting says insurer’s annual results showing $4.1 billion in gross written premium and $500.7 million in insurance profit ‘just demonstrate the sustainable outcome’
IAG New Zealand CEO says insurers need to ‘balance out the bad years with the good’ as the insurer reports a 15% increase in annual gross written premium to $4 billion and an annual insurance profit of $500.7 million
21st Aug 24, 12:24pm
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IAG New Zealand CEO says insurers need to ‘balance out the bad years with the good’ as the insurer reports a 15% increase in annual gross written premium to $4 billion and an annual insurance profit of $500.7 million
Suncorp NZ boss Jimmy Higgins encouraged by Parliament's cross-party climate inquiry but says reinsurer appetite won't improve until NZ has plans in place to tackle future natural hazard risks
20th Aug 24, 1:00pm
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Suncorp NZ boss Jimmy Higgins encouraged by Parliament's cross-party climate inquiry but says reinsurer appetite won't improve until NZ has plans in place to tackle future natural hazard risks
Vero owner Suncorp New Zealand reports a 17.3% rise in annual gross written premium to $2.8 billion, as net profit doubles to $230 million
19th Aug 24, 12:22pm
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Vero owner Suncorp New Zealand reports a 17.3% rise in annual gross written premium to $2.8 billion, as net profit doubles to $230 million
Climate adaptation not happening on the scale or at the pace needed, the Climate Change Commission says
16th Aug 24, 1:55pm
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Climate adaptation not happening on the scale or at the pace needed, the Climate Change Commission says
[updated]
Retail spending fell for the sixth month in a row in July according to Statistics New Zealand but only by 0.1% or $6.3 million with total electronic card expenditure for the month coming to $8.8 billion
15th Aug 24, 11:43am
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Retail spending fell for the sixth month in a row in July according to Statistics New Zealand but only by 0.1% or $6.3 million with total electronic card expenditure for the month coming to $8.8 billion
KiwiSaver funds under management reached $110.8 billion in June quarter, according to new Morningstar report, with ANZ continuing to hold onto biggest slice of the market
7th Aug 24, 3:14pm
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KiwiSaver funds under management reached $110.8 billion in June quarter, according to new Morningstar report, with ANZ continuing to hold onto biggest slice of the market
Younger people are approaching KiwiSaver differently because of first-home withdrawals
7th Aug 24, 11:10am
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Younger people are approaching KiwiSaver differently because of first-home withdrawals
IAG says New Zealanders are less personally concerned about climate change than they were a year ago but more people are concerned about the impacts
5th Aug 24, 2:03pm
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IAG says New Zealanders are less personally concerned about climate change than they were a year ago but more people are concerned about the impacts
Failure to meet climate commitments from Paris Agreement could cost New Zealand in trade partnerships, warns Climate Change Commission
3rd Aug 24, 9:20am
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Failure to meet climate commitments from Paris Agreement could cost New Zealand in trade partnerships, warns Climate Change Commission
Commerce Commission launches review into new Grocery Supply Code, says it’s an ‘important checkpoint’ to make sure the Code is on the right track
1st Aug 24, 12:19pm
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Commerce Commission launches review into new Grocery Supply Code, says it’s an ‘important checkpoint’ to make sure the Code is on the right track
Federated Farmers tells government’s climate inquiry farmers need to ‘farm for a rainy day’
31st Jul 24, 3:29pm
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Federated Farmers tells government’s climate inquiry farmers need to ‘farm for a rainy day’
Who pays when it comes to climate adaptation is a distribution issue, according to the Reserve Bank
29th Jul 24, 3:07pm
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Who pays when it comes to climate adaptation is a distribution issue, according to the Reserve Bank