New Zealand’s major banks have posted billions of dollars in profits.

This has led to criticism from Prime Minister Jacinda Ardern, who said it was wrong for banks to be making massive profits at a time when New Zealanders are struggling to make ends meet.

Stable banks have long been seen as integral to the economy, but do the current profits go too far? 

And if so, what can we do to address this issue, in a way that doesn’t harm economic stability in Aotearoa?  

Today, NZ Herald business editor at large Liam Dann joins Damien for discussion about the money machines in the New Zealand economy.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Damien Venuto
Producer: Shaun D Wilson
Executive Producer: Ethan Sills

New Zealand’s major banks have posted billions of dollars in profits.
This has led to criticism from Prime Minister Jacinda Ardern, who said it was wrong for banks to be making massive profits at a time when New Zealanders are struggling to make ends meet.
Stable banks have long been seen as integral to the economy, but do the current profits go too far? 
And if so, what can we do to address this issue, in a way that doesn’t harm economic stability in Aotearoa?  
Today, NZ Herald business editor at large Liam Dann joins Damien for discussion about the money machines in the New Zealand economy.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto Producer: Shaun D Wilson Executive Producer: Ethan Sills

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.