Keeping Kiwibank New Zealand publicly owned has been dubbed a political move.

The Government has announced its intent to purchase 100 percent of Kiwibank for $2.1 billion.

Massey University banking expert David Tripe told Kate Hawkesby the purchase is a risk.

He says many of the state owned banks around the world have been financial failures.

LISTEN ABOVE

Keeping Kiwibank New Zealand publicly owned has been dubbed a political move.
The Government has announced its intent to purchase 100 percent of Kiwibank for $2.1 billion.
Massey University banking expert David Tripe told Kate Hawkesby the purchase is a risk.
He says many of the state owned banks around the world have been financial failures.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.