Why keeping Kiwibank Kiwi is crucial for Aotearoa Inc

Why keeping Kiwibank Kiwi is crucial for Aotearoa Inc
Todd: "I approached several major banks with a solid business plan and the ambition to lead the Auckland apartment building sector." (Image: Getty)
Mark Todd
The company I founded in 2009, Ockham Residential, would not exist today if it weren’t for Kiwibank. At the start of our journey, in the middle of the GFC (global financial crisis), I approached several major banks with a solid business plan, $9.3 million in equity – and the ambition to lead the Auckland apartment building sector. The only bank prepared to back us was Kiwibank, then just seven years old. Today, a little over a decade later, we have completed 800 apartments in central Auckland – low-carbon, low-t...

More Opinion

Where $200 billion lives now
Opinion

David Chaplin: Where $200 billion lives now

KiwiSaver market concentration has been declining.

Have we forgotten about non-bank finance?
Opinion

Paul McBeth: Have we forgotten about non-bank finance?

Not everything in the finance world involves the banks.

Paul McBeth 12 Nov 2024
Govt riding roughshod over council plans
Opinion Property

Maria Slade: Govt riding roughshod over council plans

The fast-track bill is a gift for developers wanting to increase the value of their land.

Maria Slade 11 Nov 2024
Energy is everything
Opinion

Simon Robertson: Energy is everything

Energy – different ways and various risks, but a much-needed investment. 

Simon Robertson 09 Nov 2024