Nicola Willis: Finance Minister on KiwiBank being given the green light to raise an additional $500 million
The Finance Minister's floating the idea of listing KiwiBank on the stock exchange.
Cabinet has given KiwiBank's parent company the green light to raise an extra $500 million.
However, Finance Minister Nicola Willis says this won't occur without an electoral mandate.
"That will be for individual parties to take a position at the election - but I've been advised that any potential public offering could take place before 2028."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.