Finance minister Nicola Willis calls for select committee inquiry into banking

Finance minister Nicola Willis calls for select committee inquiry into banking
Finance minister Nicola Willis wants the Finance and Expenditure and Primary Production Committees to join forces. (Image: NZME)
Rebecca Howard
Finance minister Nicola Willis has called for a select committee inquiry into banking competition, with a focus on rural banking and lending.“The Commerce Commission’s market study on personal banking services will assist with this, but the importance of this sector means it is appropriate for a select committee inquiry to also be undertaken,” she said in a letter to the chairs of the Finance and Expenditure Committee and the Primary Production Committee.According to the Commerce Commission, New Zealand’s major banks do...

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Staff reporters 12 Sep 2025