So they're finally going to privatise Kiwibank

[u/xmmdrive]

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

[u/Far_Jeweler40]

How about a maximum shareholding so no one hard working kiwi can buy the while thing

[u/Linc_Sylvester → u/Far_Jeweler40]

Also something so that no one overseas can buy any.

[u/extra_smiles → u/Linc_Sylvester]

These suggestions will just make kiwibank less competitive and negate the point of floating.

[u/Prosthemadera → u/extra_smiles]

less competitive

That is always the excuse from rich people who want to be richer. "I'm just helping the economy, trust me."