Prime Minister Christopher Luxon has ruled out New Zealand's proposed $30 billion buyback of BNZ from Australian owners, dismissing it as a Labour-style nationalisation effort and instead supporting KiwiBank's growth as a more viable path forward.
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critics call plan 'reckless' and 'bankruptcy of thinking'
Luxon shuts down Winston Peters’ ‘Labour-style’ BNZ buyback proposalnational and act dismiss proposal
Prime Minister, David Seymour laugh off NZ First policy to nationalise BNZSpotted something wrong on this page? Report a correction.