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NZ First plan to buy BNZ back 'headline-grabbing' rather than serious policy - economist
"It would require a number of Kiwis to front up with a whole bunch of cash to buy a new bank," an economist says.
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rnz.co.nz
Live: Winston Peters unveils KiwiSaver-from-birth NZ First policy, bank takeover plan
The NZ First policies would give newborns a $1000 KiwiSaver start while combining BNZ and Kiwibank under Crown ownership.
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Winston Peters unveils KiwiSaver-from-birth NZ First policy, bank takeover plan
The NZ First policies would give newborns a $1000 KiwiSaver start, while combining BNZ and Kiwibank under Crown ownership.
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NZ First plan to buy BNZ back 'headline-grabbing' rather than serious policy - economist
"It would require a number of Kiwis to front up with a whole bunch of cash to buy a new bank," an economist says.
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Bank nationalisation threat a 'bad signal' for investors - analyst
Michael Reddell said he "blanched" when he heard Winston Peters' promise to buy back BNZ.
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Would buying BNZ actually help New Zealanders?
New Zealand First might want the government to buy back BNZ and meld it with Kiwibank - but there's limited evidence that it would work.
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nzherald.co.nz
NZ First's BNZ buy-up plan could cost Govt about $24b
Critics argue expanding Kiwibank with private capital would be a better option.