Kiwi ownership ‘bottom line’ in $2.1b Kiwibank buy
NZ Super had wanted a majority stake in the bank but flexibility to introduce private capital and keep exit options open.
Finance Minister Grant Robertson.
The flexibility the NZ Superannuation Fund wanted around bringing private capital into Kiwibank and keeping all exit opportunities open would have compromised the Government’s “strong bottom line” on the bank remaining 100% New Zealand-owned, Finance Minister Grant Robertson says.
Meanwhile,
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Hamish McNicol and Jonathan Mitchell.
Mon, 22 Aug 2022
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Related News
Related News
Kiwi ownership ‘bottom line’ in $2.1b Kiwibank buy
Politics,
95403