Ella Somers

IAG New Zealand's annual insurance profit drops 23%, despite 80,000 new customers and natural disaster-related costs being lower than anticipated

IAG New Zealand's annual insurance profit drops 23%, despite 80,000 new customers and natural disaster-related costs being lower than anticipated

SEEK’s latest employment marketplace report says job ad numbers declined across New Zealand in July, with only a few ‘pockets of growth’

SEEK’s latest employment marketplace report says job ad numbers declined across New Zealand in July, with only a few ‘pockets of growth’

Weak commercial market and 'elevated' natural hazard events drives Suncorp NZ’s annual profit down $103 million to $316 million

Weak commercial market and 'elevated' natural hazard events drives Suncorp NZ’s annual profit down $103 million to $316 million

Westpac says retail spending scored a 2% gain in July as the FIFA World Cup drove up hospitality spending, but fuel prices continue to keep household budgets offside

Westpac says retail spending scored a 2% gain in July as the FIFA World Cup drove up hospitality spending, but fuel prices continue to keep household budgets offside

‘They’ve become wallpaper’: Ex-Wattie’s boss David Irving urges NZ banks and the NZ Super Fund to better support the country’s small and medium-sized enterprises

‘They’ve become wallpaper’: Ex-Wattie’s boss David Irving urges NZ banks and the NZ Super Fund to better support the country’s small and medium-sized enterprises

Contact Energy's annual net profit jumps to over $400 million following Manawa Energy acquisition, unveils Infratil-backed Taranaki data centre proposal

Contact Energy's annual net profit jumps to over $400 million following Manawa Energy acquisition, unveils Infratil-backed Taranaki data centre proposal

Rising underutilisation and unemployment weigh heavily on young New Zealanders, June quarter labour market data shows

Rising underutilisation and unemployment weigh heavily on young New Zealanders, June quarter labour market data shows

Dosh hits pause button on decision to reapply for banking registration as the NZ fintech targets home loan market and One NZ partnership

Dosh hits pause button on decision to reapply for banking registration as the NZ fintech targets home loan market and One NZ partnership

With a lone active banking registration application under review, the push for new competition in NZ’s banking sector inches along at a snail’s pace

With a lone active banking registration application under review, the push for new competition in NZ’s banking sector inches along at a snail’s pace

Economists say June quarter labour market data will paint a ‘soft picture’ of the NZ economy as the size of the Middle East ‘cost shock’ remains uncertain

Economists say June quarter labour market data will paint a ‘soft picture’ of the NZ economy as the size of the Middle East ‘cost shock’ remains uncertain

‘A sharp bounce’: Latest ANZ-Roy Morgan NZ Consumer Confidence Survey shows consumer confidence lifted 8 points in July as expectations around the economic outlook improve

‘A sharp bounce’: Latest ANZ-Roy Morgan NZ Consumer Confidence Survey shows consumer confidence lifted 8 points in July as expectations around the economic outlook improve

ANZ’s latest Business Outlook Survey shows business confidence is at ‘historically solid levels’, with businesses signaling renewed hiring and investment optimism

ANZ’s latest Business Outlook Survey shows business confidence is at ‘historically solid levels’, with businesses signaling renewed hiring and investment optimism

KiwiSaver funds under management reach $147.7 billion in June quarter, as smaller competitors continue to ‘nip away’ at the market share of NZ’s big banks

KiwiSaver funds under management reach $147.7 billion in June quarter, as smaller competitors continue to ‘nip away’ at the market share of NZ’s big banks

Annual household living costs rose 3.2% in the June quarter with petrol prices the biggest contributor to the increase, Statistics NZ says

Annual household living costs rose 3.2% in the June quarter with petrol prices the biggest contributor to the increase, Statistics NZ says

SEEK NZ’s June Employment Report shows 10.7% annual rise in job ad volumes, now at their highest point for more than two years

SEEK NZ’s June Employment Report shows 10.7% annual rise in job ad volumes, now at their highest point for more than two years

Mercury NZ secures 12.7% stake worth $53 million in Datagrid NZ’s $3.5 billion Southland AI datacentre project

Mercury NZ secures 12.7% stake worth $53 million in Datagrid NZ’s $3.5 billion Southland AI datacentre project

‘The evil this bill will resolve’: Wise backs Labour bill that wants to end hidden foreign exchange fees on international money transfers

‘The evil this bill will resolve’: Wise backs Labour bill that wants to end hidden foreign exchange fees on international money transfers

NZ First is considering a Crown co-investment election policy for first home buyers that Shane Jones says would give FHBs access to mortgage interest rates ‘cheaper than what the Aussie-owned banks are charging’

NZ First is considering a Crown co-investment election policy for first home buyers that Shane Jones says would give FHBs access to mortgage interest rates ‘cheaper than what the Aussie-owned banks are charging’

Winston Peters says NZ First will campaign on a $1 billion National Subsurface Development Survey at the upcoming election to unlock New Zealand’s ‘Norway-scale’ energy potential

Winston Peters says NZ First will campaign on a $1 billion National Subsurface Development Survey at the upcoming election to unlock New Zealand’s ‘Norway-scale’ energy potential

Electronic card spending took a dive in June, with Westpac expecting retail spending levels to rise ‘only gradually’ in the coming months

Electronic card spending took a dive in June, with Westpac expecting retail spending levels to rise ‘only gradually’ in the coming months

NZIER says QSBO shows the ‘fragile’ economic recovery in June quarter was helped by easing oil crisis, but warns that geopolitical uncertainty and November election will weigh on firms over the coming months

NZIER says QSBO shows the ‘fragile’ economic recovery in June quarter was helped by easing oil crisis, but warns that geopolitical uncertainty and November election will weigh on firms over the coming months

Despite the first Official Cash Rate increase in three years, ANZ NZ, ASB, BNZ and Kiwibank have left their mortgage serviceability test rates unchanged

Despite the first Official Cash Rate increase in three years, ANZ NZ, ASB, BNZ and Kiwibank have left their mortgage serviceability test rates unchanged

After miscalculating the initial public consultation timeframe by a day, the Toi Foundation says it will reopen community consultation on $620m TSB-Heartland deal

After miscalculating the initial public consultation timeframe by a day, the Toi Foundation says it will reopen community consultation on $620m TSB-Heartland deal

Reserve Bank’s first Official Cash Rate hike in three years divides bank economists, but all agree more increases are coming before the year is out

Reserve Bank’s first Official Cash Rate hike in three years divides bank economists, but all agree more increases are coming before the year is out

RBNZ raises Official Cash Rate 25 basis points to 2.50% with external and internal Monetary Policy Committee members reaching consensus

RBNZ raises Official Cash Rate 25 basis points to 2.50% with external and internal Monetary Policy Committee members reaching consensus