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WESTPAC LAUNCHES SCHEME TO HELP OWNERS PROTECT HOMES FROM EXTREME WEATHER

Westpac NZ is offering interest-free, home loan top-ups to improve the resilience of homes to natural hazards and extreme weather.

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HOUSING MARKET CONFIDENCE RISES: 'IT'S VERY MUCH A BUYER'S MARKET’

Confidence in the New Zealand housing market has risen to its highest level in 15 years, with more people thinking it is a good time to buy.

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MĀORI QUEEN LAUNCHES MULTI-MILLION-DOLLAR INVESTMENT PLATFORM

Māori Queen Te Arikinui Kuini Nga wai hono i te po has launched the 'Kotahitanga Fund', a new multi-million-dollar Māori investment platform.

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WOMEN 'WORKING FOR NOTHING' FROM THIS WEEK

New Zealand women start working for nothing from this week.


Although the country's gender pay gap improved this year, campaigners say there is much work to be done to bring pay equality for New Zealand women.

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INVERCARGILL COUNCIL'S $2.4M STORM DAMAGE BILL UNLIKELY TO BE RECOVERED BY INSURANCE

The damage caused by the storm that swept through Invercargill in October has cost the local council about $2.4 million, but it expects much of that cost will not be able to be recovered through insurance.

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GOVERNMENT PUSHES OUT DECISION ON WHETHER TO INCREASE THE NATURAL HAZARDS INSURANCE LEVY

The Government is pushing out its decision on whether to increase the Natural Hazards Insurance Levy with Finance Minister Nicola Willis saying insurance is a major cost-of-living pressure for New Zealanders.

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RESIDENTIAL CONSTRUCTION COSTS ON THE RISE AFTER A PERIOD OF LOW TO FALLING PRICES, QV COSTBUILDER DATA SHOWS

The latest figures from QV's CostBuilder construction cost database shows the average cost of building a standard home in the main centres increased 0.5% over the three months to the end of November, and 1.1% over the year to the end of November.

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RESERVE BANK SAYS CABINET HAS AGREED TO RECOMMENDATIONS TO PROGRESS AN AMENDMENT BILL TO CHANGE THE INSURANCE (PRUDENTIAL SUPERVISION) ACT

Changes have been proposed to legislation that governs how insurers operate in New Zealand, which could potentially lead to "a proportionate approach to regulation and supervision”.

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AS PEOPLE DITCH TRADITIONAL INDEMNITY INSURANCE BECAUSE OF COST, SPECIFICALLY TARGETED FORMS OF INSURANCE COULD BOLSTER UPTAKE

Having specifically targeted forms of insurance could help increase people's uptake of insurance, a climate expert says.

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GENERAL INSURER TOWER SECURES REINSURANCE PROGRAMME FOR 2026 PROVIDING 'GREATER CERTAINTY AROUND FUTURE REINSURANCE COSTS AND CATASTROPHE EXCESSES', ITS CHIEF EXECUTIVE SAYS

Tower Insurance has renewed its reinsurance programme for its 2026 financial year (FY26), increasing its catastrophe upper limit - the maximum amount an insurer will pay out for natural disaster events - by $115 million.

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