The Government has given the green light to a partial privatisation for KiwiBank.
The bank now has the opportunity to raise up to $500 million from investors.
NZ Herald Wellington business editor Jenee Tibshraeny explains the deal further.
LISTEN ABOVE

Nicola Willis: Finance Minister brushes off worries about fast track for housing projects
07:22

Mike Casey: Rewiring Aotearoa CEO on shortage of electricians as solar panel demand soars
05:12

Richard Harrison: Auckland Transport Public Transport Director on CRL first weekday, Warriors this weekend
02:55