NZ Post to use cash windfall to pay down debt

  • 07/04/2016
Sir Michael Cullen (Paul Henry)
Sir Michael Cullen (Paul Henry)

Troubled state-owned NZ Post announced it will sell 45 percent of Kiwibank.

 Sir Michael Cullen says the sale will allow NZ Post to pay down some of its debt as well as opening up Kiwibank to stronger investors.

Sir Michael joined Paul Henry to discuss the move as well as when he will retire and to give his fashion advice.

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