Simplicity KiwiFund boss calls for an inquiry into large bank profits

The Greens, ACT and Te Pati Maori have fallen in behind National's call for a select committee inquiry into the sector.

However, Finance Minister Grant Robertson says it's not currently on the agenda.

Simplicity KiwiFund Managing Director Sam Stubbs says the country's four most profitable companies are banks.

He says the profit levels are higher than both Australia and the world.

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