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

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