David Tripe: Banking expert says the Government's purchase of Kiwibank is a risk

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Recorded22 Aug 2022

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Keeping Kiwibank New Zealand publicly owned has been dubbed a political move. The Government has announced its intent to purchase 100 percent of Kiwibank for $2.1 billion. Massey University banking expert David Tripe told Kate Hawkesby the purchase is a risk. He says many of the state owned banks around the world have been financial failures. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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