Ella Somers
Latest articles
Climate report warns of steep insurance premium increases and coverage gaps for coastal homes, with 10,000 properties at risk by 2050
11th Nov 24, 3:47pm
by Ella Somers
29
Climate report warns of steep insurance premium increases and coverage gaps for coastal homes, with 10,000 properties at risk by 2050
Statistics NZ says a third of employed people worked some time from home during a week it surveyed in the September quarter
9th Nov 24, 8:00am
by Ella Somers
2
Statistics NZ says a third of employed people worked some time from home during a week it surveyed in the September quarter
New Auditor General report says councils need to have clear strategies for tackling climate change
5th Nov 24, 4:18pm
by Ella Somers
13
New Auditor General report says councils need to have clear strategies for tackling climate change
Reserve Bank’s latest financial stability report says risk-based insurance pricing is a continuing trend and high-risk properties may see further increases
5th Nov 24, 11:17am
by Ella Somers
8
Reserve Bank’s latest financial stability report says risk-based insurance pricing is a continuing trend and high-risk properties may see further increases
Sharesies co-CEO says the wealth platform has no plans to apply for banking license after announcing it will be joining forces with Mastercard in 2025 to offer a new payments system to Sharesies customers
5th Nov 24, 9:21am
by Ella Somers
1
Sharesies co-CEO says the wealth platform has no plans to apply for banking license after announcing it will be joining forces with Mastercard in 2025 to offer a new payments system to Sharesies customers
Quashed data shows strong annual insurance premium rises, with differences between major cities and age groups
2nd Nov 24, 9:04am
by Ella Somers
4
Quashed data shows strong annual insurance premium rises, with differences between major cities and age groups
Latest ANZ Business Outlook survey shows business optimism is continuing to rise on the back of steady falls in interest rates
31st Oct 24, 2:29pm
by Ella Somers
10
Latest ANZ Business Outlook survey shows business optimism is continuing to rise on the back of steady falls in interest rates
ANZ NZ calls for the Government to start contributing to under 18 year-olds' KiwiSaver
31st Oct 24, 6:25am
by Ella Somers
21
ANZ NZ calls for the Government to start contributing to under 18 year-olds' KiwiSaver
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
29th Oct 24, 9:57am
by Ella Somers
1
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
Over 7,500 people made early KiwiSaver withdrawals in September, tapping into over $176 million for home ownership and financial hardship reasons
25th Oct 24, 1:52pm
by Ella Somers
19
Over 7,500 people made early KiwiSaver withdrawals in September, tapping into over $176 million for home ownership and financial hardship reasons
Banking Ombudsman Scheme given 11 recommendations on how to improve dispute resolution in five-yearly review
25th Oct 24, 9:00am
by Ella Somers
Banking Ombudsman Scheme given 11 recommendations on how to improve dispute resolution in five-yearly review
ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals
24th Oct 24, 6:37am
by Ella Somers
24
ICNZ opposes UK-style flood reinsurance scheme for NZ, saying it could send the wrong signals
Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk
21st Oct 24, 1:05pm
by Ella Somers
4
Insurance representative bodies from New Zealand, Australia, Canada, and the UK urge their governments in a joint letter to collaborate with insurers in order to decrease natural hazard risk
Latest SEEK NZ employment report shows small decrease in job ads during September but a much bigger 29% year-on-year fall
21st Oct 24, 12:01am
by Ella Somers
4
Latest SEEK NZ employment report shows small decrease in job ads during September but a much bigger 29% year-on-year fall
AA Insurance reports $864.4 million in premiums for 2024, with annual profit nearly tripling to $108.2 million
18th Oct 24, 2:06pm
by Ella Somers
29
AA Insurance reports $864.4 million in premiums for 2024, with annual profit nearly tripling to $108.2 million
ACC warns climate change could drive more injury claims as extreme weather risks rise, reveals $7.23 billion deficit for 2024
17th Oct 24, 4:07pm
by Ella Somers
11
ACC warns climate change could drive more injury claims as extreme weather risks rise, reveals $7.23 billion deficit for 2024
Counterfeit cash on the rise in New Zealand as people struggle to recognise fake banknotes, warns Reserve Bank
17th Oct 24, 7:35am
by Ella Somers
10
Counterfeit cash on the rise in New Zealand as people struggle to recognise fake banknotes, warns Reserve Bank
Sharesies reports record $1.71 billion September quarter trading volume
15th Oct 24, 2:06pm
by Ella Somers
2
Sharesies reports record $1.71 billion September quarter trading volume
[updated]
Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut
15th Oct 24, 9:30am
by Ella Somers
15
Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut
Dunedin flood results in 600 insurance claims so far, IAG NZ CEO Amanda Whiting says, and NZ needs to prioritise investing in natural hazard risk reduction and resilience
15th Oct 24, 5:00am
by Ella Somers
5
Dunedin flood results in 600 insurance claims so far, IAG NZ CEO Amanda Whiting says, and NZ needs to prioritise investing in natural hazard risk reduction and resilience
Financial Markets Authority finds KiwiSaver providers well-placed for commercial real estate risks but urges stronger risk management
14th Oct 24, 2:33pm
by Ella Somers
12
Financial Markets Authority finds KiwiSaver providers well-placed for commercial real estate risks but urges stronger risk management
Cardholders spent $8.6 billion and made 157 million transactions in September, but electronic card spending still ends the month flat
14th Oct 24, 12:34pm
by Ella Somers
24
Cardholders spent $8.6 billion and made 157 million transactions in September, but electronic card spending still ends the month flat
Statistics NZ says food prices rose 1.2% in September year, but fruit and vegetable prices fell 8.3% led by declining kūmara and potato prices
11th Oct 24, 12:29pm
by Ella Somers
5
Statistics NZ says food prices rose 1.2% in September year, but fruit and vegetable prices fell 8.3% led by declining kūmara and potato prices
New Zealand banks to launch Confirmation of Payee service for more secure payments by end of November, full rollout expected by Easter 2025
10th Oct 24, 11:42am
by Ella Somers
11
New Zealand banks to launch Confirmation of Payee service for more secure payments by end of November, full rollout expected by Easter 2025
[updated]
Banks start trimming, or thinking about cutting, their mortgage serviceability rates, opening the door to higher borrowing capacity
10th Oct 24, 9:02am
by Ella Somers
23
Banks start trimming, or thinking about cutting, their mortgage serviceability rates, opening the door to higher borrowing capacity