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Why New Zealand's banking industry needs a shake up


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Banking reform activist Kent Duston says he plans to nominate Roger Beaumont, the Chief Executive of the New Zealand Banking Association, for Australia's top honour, "Australian of the Year" It's a tongue in cheek move than Kent Duston says is due to Beaumont's successful lobbying on behalf of Australian-owned banks that generate billions in profits for Australian shareholders. Kent is the Convener of the Banking Reform Coalition, which is campaigning for structural separation within the banking industry and a break-up of the Australian-owned banks operating in Aotearoa. He chats to Jesse.
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RNZ - All ProgrammesBy RNZ