Risky business? Why Kiwibank's $500m funding boost is causing concern

Risky business? Why Kiwibank's $500m funding boost is causing concern
Kiwibank is wooing mortgage brokers as it chases down more home loans business. (Image: Kiwibank)
Rebecca Stevenson
A $500 million funding boost for Kiwibank must come with checks and balances to ensure it doesn’t chase growth on risky loans the big four banks don’t want, a banking expert says. Treasury and Kiwibank's parent company are laying the groundwork for a private capital injection for the state-owned bank. Craigs Investment Partners has been appointed to give advice on proposals for funding by Kiwi Group Capital. In December the Government gave Kiwibank the green light to tap institutional investors and KiwiSaver funds...

More Finance

Surcharge ban may not be a win for consumers
Finance

Peter Griffin: Surcharge ban may not be a win for consumers

There are winners and losers in the surcharge move.

Peter Griffin 30 Jul 2025
FNZ employee shareholders stake claim at $7.7b
Finance

FNZ employee shareholders stake claim at $7.7b

The claim has been lodged in the High Court at Wellington.

Victoria Young 29 Jul 2025
FMA warns lenders on mortgage fraud
Finance

FMA warns lenders on mortgage fraud

The FMA sees dangers for borrowers if lenders aren't vigilant.

Staff reporters 25 Jul 2025
‘Teflon Man’ Neil Quigley’s next big job
Finance Analysis

Pattrick Smellie: ‘Teflon Man’ Neil Quigley’s next big job

Is the RBNZ lining up a Canadian replacement for Adrian Orr?

Pattrick Smellie 23 Jul 2025