About
Ella Somers
Latest articles
Cost of living for average NZ household climbed 5.4% in June quarter, says Statistics NZ, pushed up by interest payments and insurance costs
26th Jul 24, 11:48am
by Ella Somers
65
Cost of living for average NZ household climbed 5.4% in June quarter, says Statistics NZ, pushed up by interest payments and insurance costs
Climate risk expert says New Zealand needs a national flood adaptation platform to mitigate the rising costs and financial risks caused by floods
26th Jul 24, 10:03am
by Ella Somers
15
Climate risk expert says New Zealand needs a national flood adaptation platform to mitigate the rising costs and financial risks caused by floods
Cancer dominates AIA Insurance claims accounting for a third of total insurance payouts in 2023, with breast and skin cancers representing over half of cancer claims
25th Jul 24, 5:00am
by Ella Somers
5
Cancer dominates AIA Insurance claims accounting for a third of total insurance payouts in 2023, with breast and skin cancers representing over half of cancer claims
Statistics NZ says greenhouse gas emissions fell 2.7% in the March quarter, the largest quarterly decrease since the agency started tracking emissions in 2010
23rd Jul 24, 12:23pm
by Ella Somers
23
Statistics NZ says greenhouse gas emissions fell 2.7% in the March quarter, the largest quarterly decrease since the agency started tracking emissions in 2010
KiwiSavers withdrew $157 million in early home ownership and financial hardship withdrawals during June with Inland Revenue data showing a spike in withdrawals compared to last year
22nd Jul 24, 3:34pm
by Ella Somers
4
KiwiSavers withdrew $157 million in early home ownership and financial hardship withdrawals during June with Inland Revenue data showing a spike in withdrawals compared to last year
OECD survey reveals only 55% of men compared to 37% of women in New Zealand have trust in central government – the largest gender gap in central government trust amongst OECD countries
21st Jul 24, 8:30am
by Ella Somers
14
OECD survey reveals only 55% of men compared to 37% of women in New Zealand have trust in central government – the largest gender gap in central government trust amongst OECD countries
New Financial Markets Authority research reveals New Zealanders have consistent perceptions of fairness in financial services ahead of CoFI regime being implemented next year
18th Jul 24, 8:00am
by Ella Somers
New Financial Markets Authority research reveals New Zealanders have consistent perceptions of fairness in financial services ahead of CoFI regime being implemented next year
Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
16th Jul 24, 12:57pm
by Ella Somers
50
Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
[updated]
Card spending falls for the fifth time in June as households face ongoing financial strain
12th Jul 24, 12:03pm
by Ella Somers
83
Card spending falls for the fifth time in June as households face ongoing financial strain
Food inflation helps Foodstuffs North Island hit record revenue of $9.2 billion but annual profit still sinks into the red
11th Jul 24, 3:42pm
by Ella Somers
11
Food inflation helps Foodstuffs North Island hit record revenue of $9.2 billion but annual profit still sinks into the red
Stats NZ says lower prices for tomatoes, cheese, and potatoes have driven food prices to annual six-year low while prices for petrol and tobacco climb
11th Jul 24, 11:37am
by Ella Somers
43
Stats NZ says lower prices for tomatoes, cheese, and potatoes have driven food prices to annual six-year low while prices for petrol and tobacco climb
BNZ says falling job ads are ‘symptomatic’ of ailing demand for labour as June job ads tumble 8.2% – the biggest monthly fall in almost three years
10th Jul 24, 12:02pm
by Ella Somers
21
BNZ says falling job ads are ‘symptomatic’ of ailing demand for labour as June job ads tumble 8.2% – the biggest monthly fall in almost three years
The Minister for Building and Construction is concerned that building inspection capacity won't be able to meet industry demand when construction picks up again
9th Jul 24, 3:55pm
by Ella Somers
24
The Minister for Building and Construction is concerned that building inspection capacity won't be able to meet industry demand when construction picks up again
Sharesies says retail investor confidence and US tech stocks are behind its record $1.28 billion in trading volumes during the June quarter
9th Jul 24, 7:34am
by Ella Somers
14
Sharesies says retail investor confidence and US tech stocks are behind its record $1.28 billion in trading volumes during the June quarter
What makes an ethical KiwiSaver? One KiwiSaver provider's CEO says it’s the future of investing
6th Jul 24, 9:20am
by Ella Somers
6
What makes an ethical KiwiSaver? One KiwiSaver provider's CEO says it’s the future of investing
Minister for Housing Chris Bishop says the Government is ‘liberalising the rules’ of the housing market which will help property become more affordable, has spoken with banks about apartment lending criteria
4th Jul 24, 3:10pm
by Ella Somers
75
Minister for Housing Chris Bishop says the Government is ‘liberalising the rules’ of the housing market which will help property become more affordable, has spoken with banks about apartment lending criteria
MBIE projects 80% increase in electricity demand by 2050 and expects 92% of NZ’s electricity to come from renewable sources by 2035
3rd Jul 24, 3:32pm
by Ella Somers
44
MBIE projects 80% increase in electricity demand by 2050 and expects 92% of NZ’s electricity to come from renewable sources by 2035
Associate Finance Minister David Seymour says he has asked Treasury to review financial and levy settings for natural hazards
1st Jul 24, 12:42pm
by Ella Somers
3
Associate Finance Minister David Seymour says he has asked Treasury to review financial and levy settings for natural hazards
Consumer NZ’s first real estate agency survey ranks the best and worst real estate agency in the country and highlights satisfaction disparity between sellers and buyers
28th Jun 24, 6:00am
by Ella Somers
40
Consumer NZ’s first real estate agency survey ranks the best and worst real estate agency in the country and highlights satisfaction disparity between sellers and buyers
Insurance parties seek revisions to Contracts of Insurance Bill to ensure more clarity and confidence across the board
26th Jun 24, 2:37pm
by Ella Somers
Insurance parties seek revisions to Contracts of Insurance Bill to ensure more clarity and confidence across the board
What to think about when reading your annual KiwiSaver statement according to the Chief Economist at the Financial Markets Authority
26th Jun 24, 8:33am
by Ella Somers
14
What to think about when reading your annual KiwiSaver statement according to the Chief Economist at the Financial Markets Authority
Seek reports NZ's labour market is ‘incredibly tough’ as job ad volumes fall for the fourth time this year, down 30% from a year ago
25th Jun 24, 12:01am
by Ella Somers
12
Seek reports NZ's labour market is ‘incredibly tough’ as job ad volumes fall for the fourth time this year, down 30% from a year ago
KiwiSaver early withdrawals for home ownership and financial hardship withdrawals jump as people withdraw over $182 million from their KiwiSaver in May
24th Jun 24, 12:56pm
by Ella Somers
19
KiwiSaver early withdrawals for home ownership and financial hardship withdrawals jump as people withdraw over $182 million from their KiwiSaver in May
Big rise in annual revenue for Foodstuffs South Island doesn't keep its bottom line out of the red
21st Jun 24, 3:50pm
by Ella Somers
24
Big rise in annual revenue for Foodstuffs South Island doesn't keep its bottom line out of the red
[updated]
Commerce Commission extends its decision due date for the Foodstuffs merger for the second time due to ‘unresolved issues’, will now release final decision in October
21st Jun 24, 10:47am
by Ella Somers
6
Commerce Commission extends its decision due date for the Foodstuffs merger for the second time due to ‘unresolved issues’, will now release final decision in October