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

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
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...

More Finance

Critic says Govt 'missing the point' on AML
Finance

Critic says Govt 'missing the point' on AML

Critic says problems with AML/CFT come down to how rules have been interpreted.

TVNZ targets one million digital viewers logged in by 2030
Finance

TVNZ targets one million digital viewers logged in by 2030

The latest performance forecast unfolds the broadcaster’s online ambitions.

Denise McNabb 07 Jul 2025
JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million.