Challenger brands have managed to gradually chip away at banks' KiwiSaver market share over the last five years without ever really threatening to overwhelm the incumbents.
Agriculture minister Damien O’Connor has acknowledged the fund investors may feel “unfairly prejudiced” and failure to buy them out could hurt NZ’s investment climate.
International air travel is a muddle as airlines and airports struggle with surging demand that may yet prove fragile.
Even agriculture minister Damien O’Connor’s own advisers have told him Fonterra’s restructuring plan is against the national interest.