• Barry Soper: Newstalk ZB senior political correspondent on New Zealand's banking sector making a profit amid economic downturn

  • Mar 12 2025
  • Length: 6 mins
  • Podcast

Barry Soper: Newstalk ZB senior political correspondent on New Zealand's banking sector making a profit amid economic downturn

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  • Summary

  • Banks are hanging tough despite tough economic conditions.

    A KPMG report has found the sector's net profit for 2024 increased just 0.25 percent from the previous year.

    Newstalk ZB senior political correspondent Barry Soper says this still adds up to $7.22 billion.

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