22/02/24 – Tower – PPI – Government Bonds

JMI Wealth Director Andrew Kelleher discusses the Tower Insurance Annual Report following the annual shareholders meeting held yesterday. With a particularly strong start to the financial year, the focus is on risk selection and premium growth. Next, he shares his insights on the Statistics New Zealand Producers Price Index release for the December quarter. With input and output costs rising slightly, is cost pressure being absorbed by businesses? He also touches on the Government Bond tender having no shortage of demand and how much the cost is for the Government. Then onto market figures for today. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz