PremiumJenée TibshraenyWellington Business Editor·NZ Herald·12 May, 2026 06:30 PM4 mins to read‌The Government says it isn't in a position to support Kiwibank's growth, as it faces 'significant fiscal constraints'. The Government is once again considering how it can facilitate Kiwibank’s growth without it pumping more capital into the state-owned bank itself.

In a letter of expectation to Kiwibank’s owner, Kiwi Group Capital (KGC), Minister for State Owned Enterprises Simeon Brown directed KGC to “work on alternative growth scenarios