Profit falls due to rising funding costs
The bank's earnings were affected by funding pressures
Kiwibank should double it's overseas funding to increase lending to Kiwi builders and home buyers as the Aussie banks shut up shop.
Although a new series fronted by Nigel Latta has been entirely funded by Kiwibank, its editorial integrity remains intact, the broadcaster insists.
"It's an advertorial. Not native content, not a 'new thing', just good old advertising."