Ella Somers
Latest articles
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
by Ella Somers
2
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
by Ella Somers
5
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
by Ella Somers
25
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
by Ella Somers
21
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
by Ella Somers
2
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
by Ella Somers
27
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
by Ella Somers
11
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
by Ella Somers
29
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
by Ella Somers
5
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
by Ella Somers
11
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
by Ella Somers
2
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
by Ella Somers
69
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
by Ella Somers
16
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
by Ella Somers
5
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
by Ella Somers
23
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
by Ella Somers
4
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
by Ella Somers
14
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
New Financial Markets Authority research reveals New Zealanders have consistent perceptions of fairness in financial services ahead of CoFI regime being implemented next year
18th Jul 24, 8:00am
by Ella Somers
New Financial Markets Authority research reveals New Zealanders have consistent perceptions of fairness in financial services ahead of CoFI regime being implemented next year
Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
16th Jul 24, 12:57pm
by Ella Somers
50
Insurance Council tells Parliament’s Finance and Expenditure Committee natural hazard events are affecting global reinsurers’ view of NZ
[updated]
Card spending falls for the fifth time in June as households face ongoing financial strain
12th Jul 24, 12:03pm
by Ella Somers
83
Card spending falls for the fifth time in June as households face ongoing financial strain
Food inflation helps Foodstuffs North Island hit record revenue of $9.2 billion but annual profit still sinks into the red
11th Jul 24, 3:42pm
by Ella Somers
11
Food inflation helps Foodstuffs North Island hit record revenue of $9.2 billion but annual profit still sinks into the red
Stats NZ says lower prices for tomatoes, cheese, and potatoes have driven food prices to annual six-year low while prices for petrol and tobacco climb
11th Jul 24, 11:37am
by Ella Somers
43
Stats NZ says lower prices for tomatoes, cheese, and potatoes have driven food prices to annual six-year low while prices for petrol and tobacco climb
BNZ says falling job ads are ‘symptomatic’ of ailing demand for labour as June job ads tumble 8.2% – the biggest monthly fall in almost three years
10th Jul 24, 12:02pm
by Ella Somers
21
BNZ says falling job ads are ‘symptomatic’ of ailing demand for labour as June job ads tumble 8.2% – the biggest monthly fall in almost three years
The Minister for Building and Construction is concerned that building inspection capacity won't be able to meet industry demand when construction picks up again
9th Jul 24, 3:55pm
by Ella Somers
24
The Minister for Building and Construction is concerned that building inspection capacity won't be able to meet industry demand when construction picks up again
Sharesies says retail investor confidence and US tech stocks are behind its record $1.28 billion in trading volumes during the June quarter
9th Jul 24, 7:34am
by Ella Somers
14
Sharesies says retail investor confidence and US tech stocks are behind its record $1.28 billion in trading volumes during the June quarter