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Ella Somers
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Trading volumes on Sharesies double to over $7 billion in 2024, driven by market recovery and new product launches
20th Dec 24, 6:46am
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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
KiwiSaver and banking providers seen as fairer than insurers in new Financial Markets Authority survey which also finds drop in confidence in financial markets
2nd Dec 24, 1:29pm
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KiwiSaver and banking providers seen as fairer than insurers in new Financial Markets Authority survey which also finds drop in confidence in financial markets
Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change
30th Nov 24, 9:20am
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Tower Insurance says the insurance industry is ‘particularly exposed’ to the financial consequences of climate change
Record result for Tower Insurance following on from a ‘tough year’ as the insurer reveals big annual premium growth targets for the next three years
29th Nov 24, 9:07am
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Record result for Tower Insurance following on from a ‘tough year’ as the insurer reveals big annual premium growth targets for the next three years
Wise says costly bank fees are hindering international growth for NZ’s small businesses, with hidden FX charges a key issue
29th Nov 24, 5:00am
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Wise says costly bank fees are hindering international growth for NZ’s small businesses, with hidden FX charges a key issue
Tower Insurance’s premiums closes in on $600 million, CEO says insurance premiums will stablise as inflation comes down
28th Nov 24, 9:50am
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Tower Insurance’s premiums closes in on $600 million, CEO says insurance premiums will stablise as inflation comes down
Housing Minister Chris Bishop wants community housing providers to have ‘competitive neutrality’ with Kāinga Ora, describes the Reserve Bank’s capital requirements for social housing as ‘overcooked’
26th Nov 24, 3:21pm
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Housing Minister Chris Bishop wants community housing providers to have ‘competitive neutrality’ with Kāinga Ora, describes the Reserve Bank’s capital requirements for social housing as ‘overcooked’
[updated]
Stats NZ figures show that seasonally adjusted retail sales by volume decreased by 0.1% in the September quarter, but the figures were down 2.8% on the volumes recorded for the same quarter in 2023
25th Nov 24, 11:51am
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Stats NZ figures show that seasonally adjusted retail sales by volume decreased by 0.1% in the September quarter, but the figures were down 2.8% on the volumes recorded for the same quarter in 2023
Early KiwiSaver withdrawals during October tick over $200 million for the first month ever
21st Nov 24, 3:17pm
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Early KiwiSaver withdrawals during October tick over $200 million for the first month ever
The Commerce and Consumer Affairs Minister says there needs to be progress in NZ’s payments sector in the next year or he’s going to be asking the industry what the hell they’ve been doing
20th Nov 24, 1:00pm
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The Commerce and Consumer Affairs Minister says there needs to be progress in NZ’s payments sector in the next year or he’s going to be asking the industry what the hell they’ve been doing
Bank CEOs urge balance between regulation and innovation amid 'regulatory congestion' concerns
20th Nov 24, 7:42am
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Bank CEOs urge balance between regulation and innovation amid 'regulatory congestion' concerns
[updated]
A better payments system is staring New Zealand in the face and it’s time for the country to ‘leapfrog’ into it, according to the RBNZ
19th Nov 24, 2:52pm
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A better payments system is staring New Zealand in the face and it’s time for the country to ‘leapfrog’ into it, according to the RBNZ
SEEK NZ employment report says labour market remains ‘challenging’ as job ad volumes continue to decline
19th Nov 24, 12:01am
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SEEK NZ employment report says labour market remains ‘challenging’ as job ad volumes continue to decline