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National's Nicola Willis requests inquiry into banking profits

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Wed, 8 Mar 2023, 8:30pm
Photo / Mark Mitchell
Photo / Mark Mitchell

National's Nicola Willis requests inquiry into banking profits

Author
¾ÅÒ»ÐÇ¿ÕÎÞÏÞtalk ZB,
Publish Date
Wed, 8 Mar 2023, 8:30pm

National's Nicola Willis is weighing in on the ongoing banking profit saga.

The opposition's finance spokesperson is suggesting a select committee run a 'short, sharp' inquiry into the increased bank profits.

Nicola Willis has proposed this select committee keep the scope of the inquiry focussed, hearing evidence from a narrow group of stakeholders.

NZ Herald Wellington business editor Jenee Tibshraeny says Nicola Willis wants this investigation to be quicker and less resource-intensive than a formal Commerce Commission market study.

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