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Govt announces new moves to improve banking competition
Dec 9 2024
Length: 23 mins
Podcast

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Govt announces new moves to improve banking competition

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Summary
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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