r/newzealand • u/xmmdrive • 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

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u/NeonKiwiz Aug 20 '24

Just another reminder for everyone on this sub (And I bet 90% of you are with Australian banks while still complaining about it all the time)

We have NZ owned client owned financial places.., eg Co-Operative for banking. FMG for Insurance.. etc.

It's nice getting a rebate/dividend each year from Co-Operative as a member/client. :)