The Finance Minister's floating the idea of listing KiwiBank on the stock exchange. 

Cabinet has given KiwiBank's parent company the green light to raise an extra $500 million.

However, Finance Minister Nicola Willis says this won't occur without an electoral mandate.

"That will be for individual parties to take a position at the election - but I've been advised that any potential public offering could take place before 2028."

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The Finance Minister's floating the idea of listing KiwiBank on the stock exchange.&nbsp;
Cabinet has given KiwiBank's parent company the green light to raise an extra $500 million.
However, Finance Minister Nicola Willis says this won't occur without an electoral mandate.
"That will be for individual parties to take a position at the election - but I've been advised that any potential public offering could take place before 2028."
LISTEN ABOVE

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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.

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Nicola Willis: Finance Minister on KiwiBank being given the green light to raise an additional $500 million

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/792247ad-d736-46f0-bf22-b32a0061ecb0/transcript