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22 Jan 2025 18:43
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  •   Home > News > Politics

    Questions are swirling about the potential implications of KiwiBank becoming privatised

    Questions are swirling about the potential implications of KiwiBank becoming privatised


    National's deputy leader Nicola Willis has expressed interest in possibly selling off the New Zealand-owned bank.

    It comes only a couple of years after the previous Government secured complete state ownership for 2.1 billion dollars.

    Victoria University's Martien Lubberink says a new owner coming in could majorly reorganise KiwiBank's operations.

    He says if KiwiBank focuses on more risky activities - it could affect financial stability and possibly exclude some people from lending.

    © 2025 Newstalk ZB, NZCity

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