Why New Zealand's banking industry needs a shake up

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. [picture id="4JOLE9R_Roger_Beaumont_jfif" crop="16x10" layout="full"]