Nicola Willis: Finance Minister talks options for making Kiwibank a bigger player in banking sector

Heather du Plessis-Allan Drive

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Nicola Willis appears intent on making Kiwibank a bigger player in the banking sector

The Finance Minister told the National Party's annual conference yesterday she wants to look into privatising the New Zealand-owned bank.

It comes only a couple of years after the previous Government secured complete state ownership for 2.1 billion dollars.

Willis told Heather du Plessis-Allan she's not proposing selling off the Government's share - she just wants to add to it with new capital.

She says the motivation isn't about getting more cash out of Kiwibank - it's about growing it by having other people putting cash in.

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