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