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ComCom diagnoses the problem with NZ’s banking industry – but will its solutions offer a real fix?

  • Written by Martien Lubberink, Associate Professor of Economics, Te Herenga Waka — Victoria University of Wellington
ComCom diagnoses the problem with NZ’s banking industry – but will its solutions offer a real fix?Andrzej Rostek/Getty Images

The New Zealand Commerce Commission recently released a draft report on the state of personal banking services in New Zealand. Unsurprisingly, the market study found a marked lack of competition among the largest financial institutions in Aotearoa New Zealand.

But will the government bailout of Kiwibank in 2022 or the arr...

Read more: ComCom diagnoses the problem with NZ’s banking industry – but will its solutions offer a real fix?

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