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Ella Somers

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1 year

Latest articles

Auckland International Airport's profits take off but the airport says New Zealand’s aviation growth remains grounded
20th Feb 25, 11:19am
4
Auckland International Airport's profits take off but the airport says New Zealand’s aviation growth remains grounded
Heartland’s $49.6m loan impairment raises concerns about its systems and policies, according to Forsyth Barr analysts who say market confidence in the bank will take time to rebuild
19th Feb 25, 5:16pm
Heartland’s $49.6m loan impairment raises concerns about its systems and policies, according to Forsyth Barr analysts who say market confidence in the bank will take time to rebuild
[updated]
Food prices see largest monthly spike since July 2022, jumping 1.9% in January led by grocery prices
14th Feb 25, 12:21pm
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Food prices see largest monthly spike since July 2022, jumping 1.9% in January led by grocery prices
IAG New Zealand reports $2.1 billion from insurance premiums in half-year result as premium growth rises across direct, broker, and bank channels
13th Feb 25, 2:07pm
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IAG New Zealand reports $2.1 billion from insurance premiums in half-year result as premium growth rises across direct, broker, and bank channels
Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows
12th Feb 25, 2:30pm
Suncorp New Zealand’s half-year profit soars past full-year 2024 result, but insurance premium growth slows
Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks
11th Feb 25, 2:57pm
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Tower Insurance warns New Zealand needs to clarify climate adaptation funding to avoid California-style insurance crisis amid rising natural disaster risks
Insurance premiums rise nationwide with Wellingtonians and Cantabrians paying up for general insurance & Aucklanders for car insurance
10th Feb 25, 4:33pm
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Insurance premiums rise nationwide with Wellingtonians and Cantabrians paying up for general insurance & Aucklanders for car insurance
KiwiSaver funds under management ticked over $121 billion in the December 2024 quarter, according to Morningstar
5th Feb 25, 3:26pm
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KiwiSaver funds under management ticked over $121 billion in the December 2024 quarter, according to Morningstar
New Zealand ranks second in OECD for natural disaster costs as infrastructure faces rising risks
5th Feb 25, 9:28am
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New Zealand ranks second in OECD for natural disaster costs as infrastructure faces rising risks
More people turned to Kiwisaver as a financial safety net during 2024, withdrawing $2 billion
4th Feb 25, 2:48pm
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More people turned to Kiwisaver as a financial safety net during 2024, withdrawing $2 billion
Suncorp Group receives first payment for Asteron Life sale after acquisition's completion
3rd Feb 25, 3:02pm
Suncorp Group receives first payment for Asteron Life sale after acquisition's completion
Massey University's latest retirement expenditure guidelines report finds retirees may need much less than seven figures for retirement
28th Jan 25, 1:29pm
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Massey University's latest retirement expenditure guidelines report finds retirees may need much less than seven figures for retirement
Trading volumes on Sharesies double to over $7 billion in 2024, driven by market recovery and new product launches
20th Dec 24, 6:46am
3
Trading volumes on Sharesies double to over $7 billion in 2024, driven by market recovery and new product launches
SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
18th Dec 24, 3:11pm
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SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
New research out of the Retirement Commission finds growing cost-of-living pressures are forcing some over-65s to make extreme cuts to spending to get by
18th Dec 24, 5:00am
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New research out of the Retirement Commission finds growing cost-of-living pressures are forcing some over-65s to make extreme cuts to spending to get by
Latest SEEK NZ employment report shows small increase in job advertisements during November, buoyed by higher job ad volumes in urban regions
17th Dec 24, 12:01am
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Latest SEEK NZ employment report shows small increase in job advertisements during November, buoyed by higher job ad volumes in urban regions
Commerce and Consumer Affairs Minister Andrew Bayly sees potential for KiwiSaver provider consolidation as new investment rules aim to boost local opportunities
14th Dec 24, 9:10am
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Commerce and Consumer Affairs Minister Andrew Bayly sees potential for KiwiSaver provider consolidation as new investment rules aim to boost local opportunities
Government reforms will allow $120 billion currently in KiwiSaver funds to be more easily invested in private assets, changes also on the way for NZX to make it less ‘unattractive’
13th Dec 24, 8:23am
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Government reforms will allow $120 billion currently in KiwiSaver funds to be more easily invested in private assets, changes also on the way for NZX to make it less ‘unattractive’
ACC Minister Matt Doocey reveals big hikes to ACC levies and announces a review into the scheme over cost and rehabilitation concerns
12th Dec 24, 4:24pm
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ACC Minister Matt Doocey reveals big hikes to ACC levies and announces a review into the scheme over cost and rehabilitation concerns
Commerce Commission filing criminal charges against Woolworths NZ and two Foodstuffs supermarkets over allegations of inaccurate pricing and misleading specials
10th Dec 24, 10:38am
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Commerce Commission filing criminal charges against Woolworths NZ and two Foodstuffs supermarkets over allegations of inaccurate pricing and misleading specials
Former Governor-General Patsy Reddy appointed to chair Climate Change Commission from February 2025
9th Dec 24, 11:49am
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Former Governor-General Patsy Reddy appointed to chair Climate Change Commission from February 2025
Retirement Commissioner Jane Wrightson says the Commission’s annual budget has remained unchanged since 2016 and the Commission will be using its financial reserves over the next four years to run the organisation
6th Dec 24, 12:27pm
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Retirement Commissioner Jane Wrightson says the Commission’s annual budget has remained unchanged since 2016 and the Commission will be using its financial reserves over the next four years to run the organisation
Commerce and Consumer Affairs Minister Andrew Bayly wants the Commerce Commission and the Commerce Act better set up for the future
5th Dec 24, 11:02am
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Commerce and Consumer Affairs Minister Andrew Bayly wants the Commerce Commission and the Commerce Act better set up for the future
Southern Response expects to cut at least 15 roles by June 2025 as the Government insurer works out its future
4th Dec 24, 1:25pm
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Southern Response expects to cut at least 15 roles by June 2025 as the Government insurer works out its future
Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even
4th Dec 24, 7:26am
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Natural Hazards Commission says the current natural hazards insurance levy is ‘insufficient’ and would need to be 50% higher to break even