Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Kiwi Bank progress 'pleasing'

19 June 2000 Media Statement

Kiwi Bank progress 'pleasing'

Alliance leader and Deputy Prime Minister Jim Anderton is pleased that the Government has agreed to continue to progress the Kiwi Bank initiative.

Cabinet considered the idea for the first time today and agreed to send the proposal to the next stage of development.

The business case will now be developed further by NZ Post and then presented to Jim Anderton and responsible ministers Michael Cullen and Mark Burton.

Details of the proposed governance, ownership structure and range of banking products to be offered by the bank will not be released at this stage, Jim Anderton said.

"There is still some way to go and work to be done before we can start celebrating but continuing progress is being made," Jim Anderton said.

A recent independent opinion poll revealed New Zealanders support the Kiwi Bank by a two-to-one margin. Most of those surveyed gave a preference for New Zealand ownership ads their main reason for supporting the bank idea.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Dealing Crackdown, Addiction Support: Government Action On Synthetics

The NZ Drug Foundation has welcomed the Government’s response to synthetic drug deaths. The response strikes a balance between giving law enforcement the tools they need to target criminal networks and changing drug law to make it easier for people to access help when they need it. More>>


Strategy Committee Unanimous: Wellington To Forge Ahead With Convention Centre

The three-storey Cable Street building, with around 18,000-square metres of floor space, will comfortably be able to host 1500 people for conventions. It includes a 1651sq m exhibition area that will attract international exhibitions too big for nearby Te Papa and provide an always-changing visitor attraction. More>>


Surveying The Surveillance: First IGIS Review Of Warrants Under New Act

The report sets out the Inspector-General’s interpretation of the new warrant provisions under the ISA and her expectations of the GCSB and NZSIS when they prepare warrant applications. More>>

SSC: 2018 Public Service Workforce Data Published

State Services Commissioner Peter Hughes has published the 2018 Our People, Public Service Workforce Data , which shows the Public Service is making significant progress in important areas. More>>


Sinking Cap: Auctions, Permanent Forests, Added To ETS

The move to auctions, signalled in an August consultation paper, will help put a cap on the number of emission units available over time. Annual announcements, looking forward five years, will help provide certainty for scheme participants, she said. More>>


Joint Select Committee Report: Achieving Smokefree 2025

In a historic first for select committees, the Māori Affairs Committee and the Health Committee presented their joint report on achieving the Smokefree 2025 goal to the House on Tuesday, 11 December 2018. More>>

"Shared Interests And Democratic Values": Peters To Visit USA

Deputy Prime Minister and Foreign Affairs Minister Winston Peters will travel to Washington D.C. for talks with US Secretary of State Michael R. Pompeo and other senior members of the US Administration. More>>




InfoPages News Channels