Nicola Willis: Finance Minister on whether the TSB and Heartland merger will boost banking competition
TSB and Heartland Bank are looking to join forces by the end of the year.
TSB owner Toi Foundation's seeking feedback on the plan to join with Heartland Bank, to the tune of $620 million.
Finance Minister Nicola Willis welcomes this decision to team up and take on the big Australian banks.
"That's positive, and good for the state of banking competition."
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