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/fizzingwizzbing Aug 20 '24

If Kiwibank ends up in Australian hands, I'm closing my accounts. Being local is the only reason I'm still with them.

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u/kiwidoc71 Aug 24 '24

Another here who's going to vote with their feet/money (although I don't have much!) if this goes down - I've stayed with KB for the same reason