sign up log in
Want to go ad-free? Find out how, here.

Ella Somers

About

Member for

1 year 3 months

Latest articles

ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals
24th Oct 24, 6:37am
24
ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals
Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk
21st Oct 24, 1:05pm
4
Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk
Latest SEEK NZ employment report shows small decrease in job ads during September but a much bigger 29% year-on-year fall
21st Oct 24, 12:01am
4
Latest SEEK NZ employment report shows small decrease in job ads during September but a much bigger 29% year-on-year fall
AA Insurance reports $864.4 million in premiums for 2024, with annual profit nearly tripling to $108.2 million
18th Oct 24, 2:06pm
29
AA Insurance reports $864.4 million in premiums for 2024, with annual profit nearly tripling to $108.2 million
ACC warns climate change could drive more injury claims as extreme weather risks rise, reveals $7.23 billion deficit for 2024
17th Oct 24, 4:07pm
11
ACC warns climate change could drive more injury claims as extreme weather risks rise, reveals $7.23 billion deficit for 2024
Counterfeit cash on the rise in New Zealand as people struggle to recognise fake banknotes, warns Reserve Bank
17th Oct 24, 7:35am
10
Counterfeit cash on the rise in New Zealand as people struggle to recognise fake banknotes, warns Reserve Bank
Sharesies reports record $1.71 billion September quarter trading volume
15th Oct 24, 2:06pm
2
Sharesies reports record $1.71 billion September quarter trading volume
[updated]
Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut
15th Oct 24, 9:30am
15
Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut
Dunedin flood results in 600 insurance claims so far, IAG NZ CEO Amanda Whiting says, and NZ needs to prioritise investing in natural hazard risk reduction and resilience
15th Oct 24, 5:00am
5
Dunedin flood results in 600 insurance claims so far, IAG NZ CEO Amanda Whiting says, and NZ needs to prioritise investing in natural hazard risk reduction and resilience
Financial Markets Authority finds KiwiSaver providers well-placed for commercial real estate risks but urges stronger risk management
14th Oct 24, 2:33pm
12
Financial Markets Authority finds KiwiSaver providers well-placed for commercial real estate risks but urges stronger risk management
Cardholders spent $8.6 billion and made 157 million transactions in September, but electronic card spending still ends the month flat
14th Oct 24, 12:34pm
24
Cardholders spent $8.6 billion and made 157 million transactions in September, but electronic card spending still ends the month flat
Statistics NZ says food prices rose 1.2% in September year, but fruit and vegetable prices fell 8.3% led by declining kūmara and potato prices
11th Oct 24, 12:29pm
5
Statistics NZ says food prices rose 1.2% in September year, but fruit and vegetable prices fell 8.3% led by declining kūmara and potato prices
New Zealand banks to launch Confirmation of Payee service for more secure payments by end of November, full rollout expected by Easter 2025
10th Oct 24, 11:42am
11
New Zealand banks to launch Confirmation of Payee service for more secure payments by end of November, full rollout expected by Easter 2025
[updated]
Banks start trimming, or thinking about cutting, their mortgage serviceability rates, opening the door to higher borrowing capacity
10th Oct 24, 9:02am
23
Banks start trimming, or thinking about cutting, their mortgage serviceability rates, opening the door to higher borrowing capacity
[updated]
Reserve Bank to pay $597 million dividend, Governor Adrian Orr gets a pay cut, staff numbers & costs rise
8th Oct 24, 2:39pm
12
Reserve Bank to pay $597 million dividend, Governor Adrian Orr gets a pay cut, staff numbers & costs rise
Sharesies says its KiwiSaver scheme which has 8,000 members and $230 million in funds under management will have access to US markets from December
8th Oct 24, 5:00am
11
Sharesies says its KiwiSaver scheme which has 8,000 members and $230 million in funds under management will have access to US markets from December
AA Insurance ordered to pay almost $6.2 million penalty after overcharging tens of thousands of customers $11 million by failing to apply discounts and misleading marketing material
7th Oct 24, 1:47pm
5
AA Insurance ordered to pay almost $6.2 million penalty after overcharging tens of thousands of customers $11 million by failing to apply discounts and misleading marketing material
Statistics NZ says the number of filled jobs rose in August after a four-month slump
4th Oct 24, 1:01pm
4
Statistics NZ says the number of filled jobs rose in August after a four-month slump
Xero sees 81% spike in late payment costs for NZ small businesses between 2021 and 2023, says big corporations aren’t making prompt payments
3rd Oct 24, 5:00am
3
Xero sees 81% spike in late payment costs for NZ small businesses between 2021 and 2023, says big corporations aren’t making prompt payments
Early KiwiSaver withdrawals hit $183 million in August, marking third highest amount withdrawn this year because of financial hardship and home ownership demand
2nd Oct 24, 1:17pm
Early KiwiSaver withdrawals hit $183 million in August, marking third highest amount withdrawn this year because of financial hardship and home ownership demand
[updated]
In its climate inquiry findings report, the Finance and Expenditure Committee says there needs to be clear mandates for climate adaptation funding and responsibilities in the Government’s future adaptation framework as there’s still ‘who pays’ uncertainty
1st Oct 24, 1:45pm
6
In its climate inquiry findings report, the Finance and Expenditure Committee says there needs to be clear mandates for climate adaptation funding and responsibilities in the Government’s future adaptation framework as there’s still ‘who pays’ uncertainty
[updated]
Commerce Commission declines merger application of the two Foodstuffs co-operatives, citing concerns around the merged entities having ‘greater buyer power’ and shrinking NZ’s grocery competition further
1st Oct 24, 10:07am
12
Commerce Commission declines merger application of the two Foodstuffs co-operatives, citing concerns around the merged entities having ‘greater buyer power’ and shrinking NZ’s grocery competition further
Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
1st Oct 24, 5:00am
13
Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
Southern Cross records annual deficit with claims up 15% and premiums up 9%
30th Sep 24, 12:46pm
8
Southern Cross records annual deficit with claims up 15% and premiums up 9%
Seek reports slowdown in annual advertised salary growth but says education and healthcare sectors lead increases in the annual salary department
30th Sep 24, 12:01am
6
Seek reports slowdown in annual advertised salary growth but says education and healthcare sectors lead increases in the annual salary department