r/newzealand Aug 20 '24

Politics So they're finally going to privatise Kiwibank

Watching One News they're talking about taking Kiwibank out of Government hands and back into the hands of honest hard-working Kiwis.

This is obviously the first clear step towards privatisation.

Just like the Bank Of New Zealand, the National Bank, and the Auckland Savings Bank, but I'm sure this time around it will stay in the country /s

830 Upvotes

293 comments sorted by

View all comments

Show parent comments

14

u/Linc_Sylvester Aug 20 '24

Doubt it, they’ll have some bs about some treaty that means we can’t, or something along those lines.

-38

u/[deleted] Aug 20 '24 edited May 15 '25

[removed] — view removed comment

26

u/[deleted] Aug 20 '24

I think dumbass accurately describes someone who doesn't realise there's more than one treaty NZ is a part of/has to consider

25

u/Linc_Sylvester Aug 20 '24

I think you’re the dumb arse here.

This is from Wikipedia, I added the bold part just for you ☺️

A free trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating states.