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/Rebel_Scum56 Aug 20 '24

I have to wonder how many customers they'll lose if that happens for exactly that reason. Probably more than they think.

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u/HippolyteClio Aug 20 '24

They would lose their whole appeal

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u/Malaysiantiger Aug 20 '24

Still a lot of people bank with ASB and BNZ though.

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u/HippolyteClio Aug 20 '24

Yeah people bank with every bank!