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Ella Somers

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Member for

1 year 2 months

Latest articles

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
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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
Why the Government Superannuation Fund Authority is bullish on catastrophe insurance bond investment
12th Mar 25, 3:51pm
4
Why the Government Superannuation Fund Authority is bullish on catastrophe insurance bond investment
[updated]
Antonia Watson says ANZ NZ doesn't try to hold back interest rate cuts from borrowers via slow post-OCR cut rate changes
11th Mar 25, 4:52pm
2
Antonia Watson says ANZ NZ doesn't try to hold back interest rate cuts from borrowers via slow post-OCR cut rate changes
ANZ’s Antonia Watson and BNZ’s Dan Huggins reappear at banking competition inquiry, face scrutiny over capital requirements
10th Mar 25, 3:41pm
ANZ’s Antonia Watson and BNZ’s Dan Huggins reappear at banking competition inquiry, face scrutiny over capital requirements
ANZ finds KiwiSaver gender gap results in nearly $6,000 less in retirement savings for women on average, highlighting the impact of conservative investments and the gender pay gap
8th Mar 25, 9:06am
ANZ finds KiwiSaver gender gap results in nearly $6,000 less in retirement savings for women on average, highlighting the impact of conservative investments and the gender pay gap
New Zealand’s environmental taxes fell by 21% to $5.2 billion in the 2022-2023 year, driven by energy and transport declines
6th Mar 25, 1:56pm
1
New Zealand’s environmental taxes fell by 21% to $5.2 billion in the 2022-2023 year, driven by energy and transport declines
Southern Cross Pet Insurance hits 65,000 customers as rising vet costs and pandemic trends fuel growth
6th Mar 25, 10:23am
Southern Cross Pet Insurance hits 65,000 customers as rising vet costs and pandemic trends fuel growth
KiwiSaver members withdrew over $143 million in early withdrawals in January, marking the highest January amount on record
3rd Mar 25, 2:49pm
1
KiwiSaver members withdrew over $143 million in early withdrawals in January, marking the highest January amount on record
Housing and Infrastructure Minister Chris Bishop announces overhaul of infrastructure development charges, introduces new levy system to boost infrastructure funding
28th Feb 25, 2:08pm
38
Housing and Infrastructure Minister Chris Bishop announces overhaul of infrastructure development charges, introduces new levy system to boost infrastructure funding
New Zealand adds nearly 8,000 filled jobs in January, but annual job numbers decline
28th Feb 25, 11:55am
3
New Zealand adds nearly 8,000 filled jobs in January, but annual job numbers decline
Job ads jumped 4% in January, marking largest monthly rise since July 2024, as hiring activity picks up across most regions and industries with competition 'fierce'
28th Feb 25, 12:01am
7
Job ads jumped 4% in January, marking largest monthly rise since July 2024, as hiring activity picks up across most regions and industries with competition 'fierce'