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2 days ago | 
mpamag.com | Mav Rodriguez
Broader insights into economic outlook to support policy decisions By 15 May 2025 The Reserve Bank of New Zealand – Te Pūtea Matua will publish the first results of its new Tara-ā-Umanga Business Expectations Survey (BES) on May 21, offering a fresh source of data ahead of the central bank’s upcoming Monetary Policy Statement on May 28.
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2 days ago | 
mpamag.com | Mav Rodriguez
Online platform to support over 160 providers across Aotearoa By 15 May 2025 Community housing providers across Aotearoa will soon gain access to a digital resource hub and expanded funding options, thanks to a new partnership between Westpac NZ and Community Housing Aotearoa to boost affordable housing supply.
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2 days ago | 
mpamag.com | Mav Rodriguez
New RBNZ research point to persistent market failures By 15 May 2025 Despite the growing importance of the Māori economy, many Māori businesses still face structural barriers when trying to access capital—barriers the Reserve Bank of New Zealand (RBNZ) says are rooted in market failures.
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2 days ago | 
mpamag.com | Mav Rodriguez
Westpac economist says rate cuts haven’t yet translated into stronger spending By 15 May 2025 Cautious spending behaviour continues to weigh on New Zealand’s retail sector, with Westpac NZ senior economist Satish Ranchhod pointing to households holding off on non-essential purchases despite falling interest rates.
That restraint was reflected in April’s retail card spending, which showed no monthly growth and followed a 0.8% decline in March.
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1 week ago | 
insurancebusinessmag.com | Mav Rodriguez
Insurance News By May 06, 2025 Share An auto mechanic who suffered serious injuries in a 2006 car accident has won a dispute over a denied total and permanent disablement (TPD) insurance claim, with the Australian Financial Complaints Authority (AFCA) finding in his favour and ordering Zurich Australia Limited to pay the benefit with interest. The complainant, who had been insured through a superannuation policy taken out by the fund’s trustee, lodged a TPD claim in 2016.
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1 week ago | 
insurancebusinessmag.com | Mav Rodriguez
Insurance News By May 06, 2025 Share The rising popularity of e-scooters and e-bikes across Queensland has sparked safety concerns, prompting the state government to open a wide-ranging parliamentary inquiry into how these personal mobility devices (PMDs) are used, regulated, and policed. The move follows a sharp rise in incidents involving PMDs, including eight fatalities in 2024 alone and a 112% increase in related injuries since 2021.
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1 week ago | 
insurancebusinessmag.com | Mav Rodriguez
Insurance News By May 06, 2025 Share Following a decisive election victory that secured a majority in Parliament, Prime Minister Anthony Albanese now leads one of the most strongly mandated governments in Australia’s recent history. While the win puts Labor in a position to pursue long-delayed economic reforms, there remains little clarity on whether the government will pursue major economic reforms beyond its social agenda.
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1 week ago | 
insurancebusinessmag.com | Mav Rodriguez
Insurance News By May 06, 2025 Share South Australia’s 2016 statewide blackout is once again under the spotlight after a nationwide power outage in Spain sparked fresh debate over the reliability of renewable energy. While Spanish authorities have yet to confirm the cause of the blackout, some observers have pointed to the country’s high share of solar power as a possible factor—drawing comparisons to South Australia’s experience nearly a decade ago.
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3 weeks ago | 
insurancebusinessmag.com | Mav Rodriguez
Insurance News By Apr 25, 2025 Share As Korean companies ramp up investments in US-based industries—particularly in battery manufacturing—South Korea’s state-run export credit agency is establishing a stronger presence on American soil. The Korea Trade Insurance Corp. (K-SURE) officially opened its Washington, D.C., branch on Tuesday, signaling its intent to play a more active role in supporting Korean enterprises entering or expanding in the US market.
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3 weeks ago | 
insurancebusinessmag.com | Mav Rodriguez
Insurance News By Apr 25, 2025 Share India’s growing interest in insurance is not yet translating into adequate coverage or informed choices, according to Policybazaar’s latest study, “How India Buys Insurance 2.0.” The April report shows that 48% of existing health insurance customers still have a sum insured below ₹5 lakh, which the platform notes is insufficient in the context of modern hospitalization expenses.
