While recent Treasury advice appears to promote privatisation, publicly capitalising Kiwibank provides a pathway to beating bank superprofits without impacting the cost of government borrowing.
What about a mutualisation?
All citizen taxpayers will have a share in the bank, and thereby be incentivised to use it.
Let's get away from the idea of having a single shareholding minister.
Let's democratise the bank, and then move on to democratising selected COEs . ... From which we may all be paid out dividends....
What about a mutualisation?
All citizen taxpayers will have a share in the bank, and thereby be incentivised to use it.
Let's get away from the idea of having a single shareholding minister.
Let's democratise the bank, and then move on to democratising selected COEs . ... From which we may all be paid out dividends....