Kiwibank suddenly became less competitive when it started paying dividends
The government-owned Kiwibank used to lead the mortgage market, offering the most competitive interest rates, but that suddenly ceased early last year. With special feature audio.
Jenny Ruth Mon, 11 Apr 2016
Kiwibank was uncompetitive in the mortgage market for just about all of last year and that coincided with the bank starting to pay dividends to its owner, the government.