Mitch Harris: 'Aussie banks took $4.9 billion from Kiwi's in one year'

Night Talk 30/08/2018
Credit: Getty.

Night talk: Mitch Harris opening comments, Thursday 30th August 2018.

Tonight: Australian banks are making billions of dollars off Kiwi's every year, so why aren't we doing anything about it?

In the 2017 financial year, the four big Australian banks in New Zealand made
$4.9 billion dollars off us.

Why isn't more being made about this in the media? Why are the government not making any noise about this? Should there be a banking inquiry in New Zealand similar to that of Australia's?

Night Talk with Mitch Harris, 8pm - 12am Monday to Thursday nights on RadioLIVE, and streaming live to the rova app on Android and iPhone.