An investment banker says the most sensible thing for Kiwibank to do is join the banking oligopoly. 

A Commerce Commission report on banking found the sector isn't competitive enough, as it's being dominated by the big four Australian players.  

The Government's announced its intentions to find investors to deliver Kiwibank up to $500 million dollars to drive competition. 

Financial markets expert Andrew Body told Heather du Plessis-Allan he doesn't think it'll become a disruptor. 

He says that Kiwibank has been around for 23-odd years, and hasn’t been a maverick in that time. 

LISTEN ABOVE 

An investment banker says the most sensible thing for Kiwibank to do is join the banking oligopoly.&nbsp;
A Commerce Commission report on banking found the sector isn't competitive enough, as it's being dominated by the big four Australian players. &nbsp;
The Government's announced its intentions to find investors to deliver Kiwibank up to $500 million dollars to drive competition.&nbsp;
Financial markets expert Andrew Body told Heather du Plessis-Allan he doesn't think it'll become a disruptor.&nbsp;
He says that Kiwibank has been around for 23-odd years, and hasn’t been a maverick in that time.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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Andrew Body: Financial Markets Expert on the efforts to make Kiwibank a disruptor in the banking sector

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9b37fd27-947d-46a4-9933-b24101485a82/transcript