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

The Finance Minister's floating the idea of listing KiwiBank on the stock exchange.&nbsp;
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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Nicola Willis: Finance Minister on KiwiBank being given the green light to raise an additional $500 million

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d9528325-137d-4356-84b0-b32a0061eba0/transcript