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Govt announces new moves to improve banking competition

Govt announces new moves to improve banking competition

Newsable

December 9, 202423m 5s

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Show Notes

Prime Minister Christopher Luxon and Finance Minister Nicola Willis have outlined plans to improve competition in New Zealand's banking sector.

The government will accelerate moves to provide Kiwibank with access to more capital, and take steps to ensure the Reserve Bank places greater importance on banking competition.

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