A banking expert is calling the possible sale of Westpac an exciting opportunity for the kiwi share market.
The Australian bank yesterday announced it had employed advisors to look at options, which could include selling off the New Zealand operation.
It landed on the same day the Reserve Bank told Westpac it must commission two independent reports to address concerns over the bank's compliance with liquidity rules.
KPMG head of banking and finance John Kensington said he doesn't believe comments from the Reserve Bank are connected to Westpac's announcement.
He spoke to Corin Dann.
