Originally Posted by
BlackPeter
Interesting - and agree: it would be a great idea to list Kiwibank - would allow them easy capital access, increase its value, increase the value of the NZX and decreases the risk that the crown would need to bail them out come the next GFC ....
However - not sure, whether this proposal is a prelude of a public listing. The crown would be likely to keep at least 51%. Selling now already 45% to ACC and Superfund leaves not much left for listing, unless they consider the ACC and Superfund bits as part of the crown ownership (which it basically is).