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Ella Somers

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Member for

8 months 1 week

Latest articles

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
9
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
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
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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
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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
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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
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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
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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
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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