The Government's received advice on how Kiwibank can better compete with the large Australian-owned banks.  

It's in response to the Commerce Commission market study on personal banking.  

Documents released under the Official Information Act show Treasury wants to look at exploring use of private capital, including an Initial Public Offering. 

Massey University banking expert David Tripe told Ryan Bridge there could be issues with an NZX listing or other private parties getting involved.  

He says returns aren't especially good, and that's one of the big challenges with the IPO option. 

LISTEN ABOVE 

The Government's received advice on how Kiwibank can better compete with the large Australian-owned banks. &nbsp;
It's in response to the Commerce Commission market study on personal banking. &nbsp;
Documents released under the Official Information Act show Treasury wants to look at exploring use of private capital, including an Initial Public Offering.&nbsp;
Massey University banking expert David Tripe told Ryan Bridge there could be issues with an NZX listing or other private parties getting involved. &nbsp;
He says returns aren't especially good, and that's one of the big challenges with the IPO option.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

David Tripe: Massey University Banking Expert on the potential use of private capital to bolster Kiwibank

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a236cc20-459f-4042-8a99-b21701536474/transcript

There's hopes rural communities will be considered before changes are made to NZ Post's services.  

Options include dropping to delivering two days a week in urban areas, instead of three, and going from five times a week in rural areas down to three. 

Additionally, postal outlets will be reduced from 880 to 500. 

Rural Women CEO Marie Fitzpatrick says postal services are essential for rural communities that don't always have access to broadband. 

She said that while this consultation focuses on mail specifically and excludes courier posts, those services are done in the same van if you live rurally.  

LISTEN ABOVE 

There's hopes rural communities will be considered before changes are made to NZ Post's services. &nbsp;
Options include dropping to delivering two days a week in urban areas, instead of three, and going from five times a week in rural areas down to three.&nbsp;
Additionally, postal outlets will be reduced from 880 to 500.&nbsp;
Rural Women CEO Marie Fitzpatrick says postal services are essential for rural communities that don't always have access to broadband.&nbsp;
She said that while this consultation focuses on mail specifically and excludes courier posts, those services are done in the same van if you live rurally. &nbsp;
LISTEN ABOVE&nbsp;

Marie Fitzpatrick: Rural Women CEO on the NZ Post potentially reducing their delivery services

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/88032cee-ea88-4889-b3c1-b218016d3643/transcript

The Education Review Office has found the system for addressing school absence is failing, with chronic absence doubling in the last decade.  

In Term 2 this year, one in ten students was chronically absent, with more than 80 thousand missing more than three weeks of the term.  

Since 2015, chronic absence has doubled in secondary schools and almost tripled in primary schools.  

Tupuranga Attendance Service Practice Lead Adam Duchac told Ryan Bridge they're underfunded and under-resourced.  

He says they only have 7.4 full-time equivalent staff covering 250 schools, and a simple fix would be more funding, which the report recommends. 

LISTEN ABOVE 

The Education Review Office has found the system for addressing school absence is failing, with chronic absence doubling in the last decade. &nbsp;
In Term 2 this year, one in ten students was chronically absent, with more than 80 thousand missing more than three weeks of the term. &nbsp;
Since 2015, chronic absence has doubled in secondary schools and almost tripled in primary schools. &nbsp;
Tupuranga Attendance Service Practice Lead Adam Duchac told Ryan Bridge they're underfunded and under-resourced. &nbsp;
He says they only have 7.4 full-time equivalent staff covering 250 schools, and a simple fix would be more funding, which the report recommends.&nbsp;
LISTEN ABOVE&nbsp;

Adam Duchac: Tupuranga Attendance Service Practice Lead on the chronic absence crisis

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/7cda2c49-8f13-48fb-9283-b21801602837/transcript

The UK teenager accused of killing three young girls at a children's dance event will appear in court tomorrow, now on a terrorism charge. 

England's Merseyside Police yesterday announced they'd discovered a bio-toxin and al Qaeda documents in the 18 year old's home following the July mass-stabbing. 

UK Correspondent Gavin Grey told Ryan Bridge it's a shock twist in the devastating case. 

He says despite the terror charge, counter-terrorism Police say the incident isn't classified a terrorist incident. 

LISTEN ABOVE 

The UK teenager accused of killing three young girls at a children's dance event will appear in court tomorrow, now on a terrorism charge.&nbsp;
England's Merseyside Police yesterday announced they'd discovered a bio-toxin and al Qaeda documents in the 18 year old's home following the July mass-stabbing.&nbsp;
UK Correspondent Gavin Grey told Ryan Bridge it's a shock twist in the devastating case.&nbsp;
He says despite the terror charge, counter-terrorism Police say the incident isn't classified a terrorist incident.&nbsp;
LISTEN ABOVE&nbsp;

Gavin Grey: UK Correspondent on the teenage killer at the Taylor Swift dance event now facing a terrorism charge

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5196d5e6-1342-470c-8e8c-b218013d02f1/transcript

David Tripe: Massey University Banking Expert on the potential use of private capital to bolster Kiwibank

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