Kiwibank Capital Raise to Get Under Way

Big Shift For Kiwibank Reflects ACT's Long-standing Position

Private shareholders will demand a level of accountability and discipline that will drive stronger performance at Kiwibank. This is good news for the taxpayers who own it, ACT Finance spokesperson Todd Stephenson says

Kiwibank capital raise to get under way

The Government has given Kiwibank’s parent company the green light to raise up to $500 million of capital to help the bank grow. The decision comes as Kiwi...

Kiwibank given go-ahead to raise $500m in capital

Finance Minister Nicola Willis said the government would not publicly list Kiwibank on the stock market without an "electoral mandate".