‘No significant fallout’ from Iran war yet, says Kiwibank
But business confidence to invest has fallen as growth plans go on the backburner.
Kiwibank’s $500m capital raise was kicked to the sidelines in December last year.
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Business confidence has retreated and firms have wound back their investment plans, due to the war in the Middle East, says Kiwibank chief executive Steve Jurkovich.
He appeared before the finance and expenditure select committee this afternoon alongside Kiwi Group Capital (KGC) chair David McLean
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