It doesn’t matter how, just capitalise Kiwibank now

It doesn’t matter how, just capitalise Kiwibank now
The obvious option for Kiwibank is an initial public offering. (Image: Bevan Conley)
Paul McBeth
There’s only one line the government needs to pay attention to in the Commerce Commission’s draft report into personal banking: “We see this as the best near-term prospect for more robust competition”. That, of course, is the most obvious recommendation in that Kiwibank’s owner – the government – explores what changes are needed to maximise its potential as a disruptive competitor, primarily through its access to capital and supporting a strategic focus to go out there and slap down the big four Au...

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