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Ella Somers

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Member for

1 year 2 months

Latest articles

[updated]
Grocery and beverage costs push March food prices up 0.5%, with annual increase hitting 3.5% ahead of key inflation data out later this week
15th Apr 25, 12:17pm
5
Grocery and beverage costs push March food prices up 0.5%, with annual increase hitting 3.5% ahead of key inflation data out later this week
What is and and isn’t covered under the deposit insurance scheme launching in July
11th Apr 25, 11:10am
8
What is and and isn’t covered under the deposit insurance scheme launching in July
Woolworths New Zealand plans to press on with workforce restructure as part of new operating model to be piloted in upper North Island stores
10th Apr 25, 5:07pm
7
Woolworths New Zealand plans to press on with workforce restructure as part of new operating model to be piloted in upper North Island stores
Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates
10th Apr 25, 8:00am
Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates
Parliamentary Commissioner for the Environment Simon Upton recommends phasing out forestry offsets for fossil emissions in the New Zealand Emissions Trading Scheme
9th Apr 25, 2:00pm
5
Parliamentary Commissioner for the Environment Simon Upton recommends phasing out forestry offsets for fossil emissions in the New Zealand Emissions Trading Scheme
Financial Markets Authority signals tougher oversight of New Zealand’s banks over the length of time they’re taking to implement OCR rate cuts as CoFI regime takes effect
9th Apr 25, 10:40am
3
Financial Markets Authority signals tougher oversight of New Zealand’s banks over the length of time they’re taking to implement OCR rate cuts as CoFI regime takes effect
Wealth platform Sharesies reports $2.89 billion in March quarter trading volume
8th Apr 25, 6:52am
Wealth platform Sharesies reports $2.89 billion in March quarter trading volume
Finance and Expenditure Committee moves to wrap up banking inquiry without input from reinsurers, despite recommendation from Parliamentary Commissioner for the Environment
7th Apr 25, 10:26am
Finance and Expenditure Committee moves to wrap up banking inquiry without input from reinsurers, despite recommendation from Parliamentary Commissioner for the Environment
New research says New Zealanders still have a strong appetite for ethical investments and want their fund managers to get on board as well
7th Apr 25, 12:00am
2
New research says New Zealanders still have a strong appetite for ethical investments and want their fund managers to get on board as well
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
4th Apr 25, 12:14pm
IAG NZ self reporting to FMA results in civil court case alleging breaches of the Financial Markets Conduct Act
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
3rd Apr 25, 4:15pm
Forsyth Barr analysts estimate Tower will report an underlying half-year net profit of close to $60 million thanks to mild weather, while the insurer’s largest shareholder Bain Capital sells stake for $89 million
Kiwibank's parent Kiwi Group Capital welcomes RBNZ’s bank capital review as Kiwibank faces questions on digital and competitive challenges
2nd Apr 25, 2:55pm
1
Kiwibank's parent Kiwi Group Capital welcomes RBNZ’s bank capital review as Kiwibank faces questions on digital and competitive challenges
SEEK says financial worries are keeping many New Zealanders in jobs longer and fueling career regrets
2nd Apr 25, 9:51am
2
SEEK says financial worries are keeping many New Zealanders in jobs longer and fueling career regrets
Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed
1st Apr 25, 2:35pm
3
Global natural disasters cost insurers billions in 2024 but New Zealand stayed relatively unscathed
Simon Upton, Parliamentary Commissioner for the Environment, tells banking inquiry its ‘entirely appropriate’ for banks and insurers to consider climate risks in order to ensure the sustainability of profits over time
1st Apr 25, 9:23am
3
Simon Upton, Parliamentary Commissioner for the Environment, tells banking inquiry its ‘entirely appropriate’ for banks and insurers to consider climate risks in order to ensure the sustainability of profits over time
Finance Minister Nicola Willis to reveal government’s next steps for increasing grocery sector competition on Sunday
28th Mar 25, 4:28pm
16
Finance Minister Nicola Willis to reveal government’s next steps for increasing grocery sector competition on Sunday
Inflation expectations climb to 4.2% in latest ANZ-Roy Morgan Consumer Confidence Survey, as consumer confidence drops
28th Mar 25, 12:07pm
6
Inflation expectations climb to 4.2% in latest ANZ-Roy Morgan Consumer Confidence Survey, as consumer confidence drops
Over 7,500 people made early KiwiSaver withdrawals in February, taking out $186 million
27th Mar 25, 1:35pm
1
Over 7,500 people made early KiwiSaver withdrawals in February, taking out $186 million
Kiwibank the slowest major bank to cut floating mortgage rates as the OCR falls, while ASB takes first place for the fastest bank to hike those rates when the OCR rose
27th Mar 25, 9:48am
Kiwibank the slowest major bank to cut floating mortgage rates as the OCR falls, while ASB takes first place for the fastest bank to hike those rates when the OCR rose
Climate Change Minister Simon Watts says Paris Agreement participation ‘crucial’ for NZ after deputy PM Winston Peters calls it a ‘flight of futility’
25th Mar 25, 9:21am
13
Climate Change Minister Simon Watts says Paris Agreement participation ‘crucial’ for NZ after deputy PM Winston Peters calls it a ‘flight of futility’
Winston Peters channels ‘make New Zealand first again’, wants NZ out of the Paris Agreement
23rd Mar 25, 7:28pm
14
Winston Peters channels ‘make New Zealand first again’, wants NZ out of the Paris Agreement
[updated]
New Zealand records a $510 million February trade surplus as dairy exports soar, led by milk powder, butter, and cheese
21st Mar 25, 12:44pm
3
New Zealand records a $510 million February trade surplus as dairy exports soar, led by milk powder, butter, and cheese
Seek reports 2% decline in February job ads as hiring demand slows following January rise
20th Mar 25, 9:16am
3
Seek reports 2% decline in February job ads as hiring demand slows following January rise
 Retirement Commission reports 25% gender gap in KiwiSaver balances, with women lagging behind men across most age groups
17th Mar 25, 1:18pm
4
 Retirement Commission reports 25% gender gap in KiwiSaver balances, with women lagging behind men across most age groups
[updated]
Food prices fall 0.5% in February and reverse January's sharp rise while annual grocery costs continue to climb
14th Mar 25, 11:55am
1
Food prices fall 0.5% in February and reverse January's sharp rise while annual grocery costs continue to climb