John Key pushes back on Nicola Willis' hope for a 'disruptive' KiwiBank, academic labels idea 'irresponsible'

John Key, a former chair of ANZ NZ, says he doesn't think plans to make Kiwibank a disruptive force will work. (Image: Getty)

Dileepa Fonseka

Mon, 05 Aug 2024

A banking academic says Finance Minister Nicola Willis's push to make Kiwibank a disruptive force in the industry borders on the “irresponsible,” and former Prime Minister John Key isn’t a fan of the idea either.Over the weekend, Willis issued some of her strongest comments on plans to sell a share of Kiwibank during a speech at the National Party's annual conference at the Due Drop Events Centre in Manukau, Auckland.“I would like to see Kiwibank grow. I would like it to become a disruptive competitor that takes...

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