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Is the Government planning to inject more capital into Kiwibank?

Author
Newstalk ZB,
Publish Date
Wed, 24 Jul 2024, 8:24pm
(Photo / File)
(Photo / File)

Is the Government planning to inject more capital into Kiwibank?

Author
Newstalk ZB,
Publish Date
Wed, 24 Jul 2024, 8:24pm

The Government has dropped further hints it isn’t opposed to diluting its 100% ownership of Kiwibank to enable it to grow.

While Kiwibank is expanding, it needs a lot more capital to be the disrupter it was set up to be to challenge the big four Australian-owned banks.

NZ Herald Wellington business editor Jenee Tibshraeny speculates about the Government's next steps.

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