Sam Stubbs
Morning Report Essentials for Wednesday 5 February 2025
On today's episode, Labour leader Chris Hipkins will be among politicians welcomed onto the Treaty Grounds today, the government's plan to stop growing its stock of state houses and slash Kainga Ora's… Audio
Simplicity on banks snubbing fossil fuel businesses
Resource Minister Shane Jones has been attacking banks for cutting back on lending to fossil fuel businesses - calling them "woke". KiwiSaver provider Simplicity head Sam Stubbs spoke to Corin Dann. Audio
Road Trip: Sam Stubbs
The founder of Simplicity KiwiSaver provider went from being motivated by greed to an industry disrupter with a social conscience. He joins Anna Thomas for a road trip. Audio
Simplicity CEO on govt's proposed banking changes
The head of KiwiSaver provider Simplicity is optimistic about the government's plan to grow competition in the banking sector. Simplicity chief executive Sam Stubbs spoke to Corin Dann. Audio
Are impact investment funds losing their shine?
The ASB is soon to wind up its Positive Impact Kiwisaver fund - affecting about 5000 customers - citing global changes and declining customer demand. Audio
Morning Report Essentials for Thursday 24 October 2024
On today's episode, A public transport union says assaults on buses are a growing problem. Ingrid Hipkiss spoke to Public Transport Employees Union President, Gary Froggatt. The Australian senator who… Audio
KiwiSaver provider says NZ banks behaving like a cartel
KiwiSaver provider Simplicity says New Zealand's banks are among the richest in the world and seem to behave like a cartel. Chief Executive of Simplicity, Sam Stubbs spoke to Corin Dann. Audio
How Much Should You Have In Your Kiwisaver
Since KiwiSaver launched in 2007 more than 110 billion dollars has been invested in the scheme. But, of course, everyone contributes differently and has different goals for their savings. So how does… Audio
US markets closed down this morning, broader S&P index falls 3%
Have the stock market wobbles sent you scrambling to look at your Kiwisaver balance? Maybe, best just to look away, with investors being warned not to panic. This after US markets closed down this… Audio
Simplicity managing director on govt's ownership of KiwiBank
The Government has hinted it isn't opposed to diluting its 100% ownership of KiwiBank to enable it to grow. Simplicity managing director Sam Stubbs spoke to Corin Dann. Audio
Consumer advocates on state of NZ's banking sector
Consumer advocates say a muscled up Kiwibank is no silver bullet to fix the country's banking sector.
A draft Commerce Commission report has found a lack of competition in the personal banking sector… Audio
Banking sector needs more competition: Comcom report
The Commerce Commission says the banking sector needs more competition. Audio
Simplicity to ramp up housing efforts
Non-profit KiwiSaver provider and fund manager Simplicity says it wants to build and fund 25,000 new homes in the next 10 years. It aims to try hit this goal by launching a new investment fund today… Audio
'More choice is a good thing': Simplicity chief executive on National's KiwiSaver policy
As we've heard, National believes it's on to a winner for consumer choice with its new KiwiSaver policy.
The policy would roll back a number of measures brought in by Labour in order to allow people… Audio
ASB records $1.56 billion profit
ASB Bank has reported a record net profit of $1.56 billion for the year to June.
However, ASB chief executive Vittoria Short said there were signs of a slowdown in the second half of the year, as the… Audio
Sam Stubbs on banking competition inquiry
There have long been calls for the Commerce Commission to look into competition in the banking sector, and it's now happening.
The government announced yesterday the watchdog would run a market study… Audio
Kiwisaver panic switching: $1b missed out on rebound
People who panicked and switched their Kiwisaver accounts during the pandemic faced significant losses when the market rebounded. That's in a new report that found $1.2 billion was moved into… Audio
Kiwisaver provider calls for inquiry into bank profits
New Zealand remains the only country in the OECD where the top four companies are all banks.
That's according to Sam Stubbs, the chief executive of Kiwisaver provider, Simplicity, responding to the… Audio
Excess Aussie bank profits cost every NZer $1000 a year
Excess Aussie bank profits are now costing every New Zealander a thousand dollars a year. That's the claim from Sam Stubbs, Chief Executive of Kiwisaver provider, Simplicity, who is pushing for a… Audio
The government indicates a Com Com study into banks
The government is giving its strongest indications yet of a Commerce Commission study into banking after a record result in profits last year.
National's finance spokesperson Nicola Willis… Audio
