Kiwibank cuts home loan rate
Kiwibank is cutting its two-year fixed home loan rate to 6.99 percent per annum from 7.30 percent.
Kiwibank is cutting its two-year fixed home loan rate to 6.99 percent per annum from 7.30 percent.
An "exchange of views" in Parliament on Tuesday was instructive to onlookers concerned to discover current attitudes towards the sale of taxpayer-owned assets.
While Bill English was seriously off-message when he gave his strongest hint yet that he wants to privatise Kiwibank, his faux pax may be a blessing in disguise for National.
Prime Minister John Key says he wasn't surprised to learn Kiwibank chief executive Sam Knowles had announced his resignation.
The outgoing boss of Kiwibank is adamant the state-owned business needs to remain under New Zealand control.
A bank robber described as "highly aggressive" has fled a bank in east Hamilton with an unknown amount of money.
State-owned Kiwibank is signalling it will raise up to $150 million through the sale of perpetual preference shares, which are effectively bonds, to the public.