About
Ella Somers
Latest articles
Most economists predict the Reserve Bank will start raising the Official Cash Rate from July, following a split vote at May's Monetary Policy Committee meeting
27th May 26, 5:45pm
3
Most economists predict the Reserve Bank will start raising the Official Cash Rate from July, following a split vote at May's Monetary Policy Committee meeting
[updated]
Reserve Bank holds Official Cash Rate at 2.25% as expected, but needed the Governor’s casting vote after a 3-3 split vote
27th May 26, 2:28pm
24
Reserve Bank holds Official Cash Rate at 2.25% as expected, but needed the Governor’s casting vote after a 3-3 split vote
The Retirement Commission says KiwiSaver is working well for the majority of New Zealanders, but women are still facing a significant gender gap
26th May 26, 2:07pm
3
The Retirement Commission says KiwiSaver is working well for the majority of New Zealanders, but women are still facing a significant gender gap
Bank economists expect the RBNZ to keep the Official Cash Rate on hold on Wednesday as inflation uncertainty clouds the timing of future hikes
24th May 26, 6:00am
14
Bank economists expect the RBNZ to keep the Official Cash Rate on hold on Wednesday as inflation uncertainty clouds the timing of future hikes
Tower Insurance’s CEO hopes to make insurance competitors sweat by drawing in new customers through low-risk policies
22nd May 26, 9:30am
1
Tower Insurance’s CEO hopes to make insurance competitors sweat by drawing in new customers through low-risk policies
Financial Markets Authority's CEO Samantha Barrass to leave at the end of her five-year term in 2027
21st May 26, 12:48pm
Financial Markets Authority's CEO Samantha Barrass to leave at the end of her five-year term in 2027
Tower chair say Government levies and taxes are ‘adding significant cost and complexity’ to insurance premiums as the insurer reports ‘constrained’ gross written premium growth
21st May 26, 10:57am
Tower chair say Government levies and taxes are ‘adding significant cost and complexity’ to insurance premiums as the insurer reports ‘constrained’ gross written premium growth
Seek says national job advertisements are still showing hiring demand, with the number of applications per position declining from peak levels in 2025
21st May 26, 12:01am
Seek says national job advertisements are still showing hiring demand, with the number of applications per position declining from peak levels in 2025
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
1
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
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
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
11
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
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
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
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
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
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
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
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
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
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
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
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
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
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