close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
5 mins to read

Treasury advises how to raise capital for Kiwibank

An IPO would offer broader ownership than private capital raising, it argued in a report obtained by NBR under the Official Information Act.

Kiwibank needs more capital to challenge the Big Four Australian-owned banks.

Brent Edwards Tue, 05 Nov 2024

The Treasury has recommended Kiwibank raise capital from professional investors or through an initial public offering to help it compete with four major Australian-owned banks.

In a paper to Finance Minister Nicola Willis, the Treasury set out what it would take for Kiwibank to have “a more

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
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 debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Brent Edwards Tue, 05 Nov 2024
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Treasury advises how to raise capital for Kiwibank
Politics,
106549
true