Ella Somers
Latest articles
How useful are home equity release products for asset rich but income poor retirees?
27th Sep 24, 9:41am
by Ella Somers
8
How useful are home equity release products for asset rich but income poor retirees?
Retirement Commissioner Jane Wrightson makes the case for cross-party consensus on stable retirement policies and cautions against raising pension age to 67
26th Sep 24, 1:23pm
by Ella Somers
78
Retirement Commissioner Jane Wrightson makes the case for cross-party consensus on stable retirement policies and cautions against raising pension age to 67
KiwiSaver faces growing pains in its 17th year as industry calls for changes to the system in order to boost retirement readiness and not leave people behind
25th Sep 24, 9:00am
by Ella Somers
58
KiwiSaver faces growing pains in its 17th year as industry calls for changes to the system in order to boost retirement readiness and not leave people behind
Investors becoming more comfortable with the long-term nature of KiwiSaver, Financial Markets Authority says
24th Sep 24, 9:42am
by Ella Somers
25
Investors becoming more comfortable with the long-term nature of KiwiSaver, Financial Markets Authority says
New research funded by Natural Hazard Commission finds volcanic ashfall could impact hundreds of thousands of North Island homes, driving need for damage forecast model
23rd Sep 24, 2:53pm
by Ella Somers
12
New research funded by Natural Hazard Commission finds volcanic ashfall could impact hundreds of thousands of North Island homes, driving need for damage forecast model
Would the Prime Minister write Kiwibank a cheque for $500 million? Christopher Luxon says he won’t preempt Treasury advice
20th Sep 24, 5:41pm
by Ella Somers
2
Would the Prime Minister write Kiwibank a cheque for $500 million? Christopher Luxon says he won’t preempt Treasury advice
Government and Centre for Sustainable Finance join forces to develop sustainable finance strategy to improve NZ’s global competitiveness and attract climate-focused investments
19th Sep 24, 7:11pm
by Ella Somers
5
Government and Centre for Sustainable Finance join forces to develop sustainable finance strategy to improve NZ’s global competitiveness and attract climate-focused investments
Responsible Investment Association Australasia launches nature investor ‘toolkit’ to help companies and investors in managing environmental risks and opportunities
19th Sep 24, 1:30pm
by Ella Somers
2
Responsible Investment Association Australasia launches nature investor ‘toolkit’ to help companies and investors in managing environmental risks and opportunities
[updated]
Commerce Commission to file charges against Jetstar over alleged misleading claims on compensation for flight delays and cancellations
18th Sep 24, 10:32am
by Ella Somers
2
Commerce Commission to file charges against Jetstar over alleged misleading claims on compensation for flight delays and cancellations
The Financial Markets Authority files criminal proceedings against a junior Heartland Bank employee for alleged insider trading over Heartland Group Holdings shares
17th Sep 24, 11:55am
by Ella Somers
The Financial Markets Authority files criminal proceedings against a junior Heartland Bank employee for alleged insider trading over Heartland Group Holdings shares
[updated]
Electronic card spending rose in August for the first time in seven months, Statistics NZ says
12th Sep 24, 12:18pm
by Ella Somers
6
Electronic card spending rose in August for the first time in seven months, Statistics NZ says
General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0
9th Sep 24, 11:55am
by Ella Somers
1
General insurer Tower concludes ownership review with no proposed changes on the chopping block and says the RBNZ has cut the insurer’s solvency margin from $15 million to $0
In a new episode of our Of Interest podcast, Grocery Commissioner Pierre van Heerden details what's needed to boost competition in NZ’s grocery sector
7th Sep 24, 9:15am
by Ella Somers
8
In a new episode of our Of Interest podcast, Grocery Commissioner Pierre van Heerden details what's needed to boost competition in NZ’s grocery sector
Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
5th Sep 24, 11:57am
by Ella Somers
20
Labour Party Finance Spokesperson Barbara Edmonds highlights critical role of insurance in New Zealand’s financial future as natural hazard risks increase and insurance premiums continue to rise
Kiwisaver governance lacks clarity, says Retirement Commissioner Jane Wrightson, as she calls for comprehensive reform and cabinet-level advocacy
4th Sep 24, 1:31pm
by Ella Somers
40
Kiwisaver governance lacks clarity, says Retirement Commissioner Jane Wrightson, as she calls for comprehensive reform and cabinet-level advocacy
New Zealanders are falling short on retirement savings – is it time to boost KiwiSaver contributions?
3rd Sep 24, 6:24pm
by Ella Somers
63
New Zealanders are falling short on retirement savings – is it time to boost KiwiSaver contributions?
In the Commerce Commission’s first grocery report, will the Grocery Commissioner give NZ’s grocery goliaths a gold star for effort – or will they be slapped with a negative report card?
3rd Sep 24, 7:44am
by Ella Somers
4
In the Commerce Commission’s first grocery report, will the Grocery Commissioner give NZ’s grocery goliaths a gold star for effort – or will they be slapped with a negative report card?
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
by Ella Somers
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
by Ella Somers
50
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
by Ella Somers
16
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
by Ella Somers
11
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
by Ella Somers
71
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
by Ella Somers
3
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
by Ella Somers
6
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
by Ella Somers
50
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