The head of one of our biggest KiwiSaver providers fears Kiwibank will effectively become a zombie bank.

The Government has spent $2.1 billion to buy the bank's parent company from independent crown entities ACC, NZ Post and NZ Superfund, meaning it now fully owns it.

Simplicity CEO Sam Stubbs joined Mike Hosking.

LISTEN ABOVE

The head of one of our biggest KiwiSaver providers fears Kiwibank will effectively become a zombie bank.
The Government has spent $2.1 billion to buy the bank's parent company from independent crown entities ACC, NZ Post and NZ Superfund, meaning it now fully owns it.
Simplicity CEO Sam Stubbs joined Mike Hosking.
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.