Jenee Tibshraeny: NZ Herald Wellington business editor on the Government not planning a cash injection for Kiwibank
The Government confirmed they have no plans to inject capital into Kiwibank to make it more competitive with the bigger banks.
The Commerce Commission is set to investigate banking sector competition and barriers new market competitors face.
NZ Herald Wellington business editor Jenee Tibshraeny says the Government, as the owners of Kiwibank, will need to inject more to meet regulatory requirements.
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