The government should own a bank like Kiwibank ?

On average, everyone agrees with significant nonconsensus between 88 voters.

Reasons To Disagree

Business should be run by commercial enterprises. If run by government, it will forever baling out the institution. There are rules and regulations for banks to operate and does not matters who owns them.

Gummint has no legitimate place in business.

It's a nice thing having a publicly owned bank we can manipulate by the political leaders we choose - but at whose expense? Is everyone so useless that they have no money to commercially vote with that they must instead advocate a government-owned bank that they can influence politically? Sad.

theyre the last people Id trust with my moneys

If the government had better control of the banking market as a strategic asset they probably wouldn,t have to.

we already have a kiwibank do we really need another one?

It is not the place of government to run any commercial concern. By owning such they are in effect making us all shareholders in a company open to business risks; they do not have the right to do so.

Reasons To Agree

I beleive Kiwibank should be majority owned by the government with the rest of the shares restricted to New Zealanders

The Goverment has had to bail out Air New Zealand and BNZ, both of them commercial enterprises with public share holdings and bad managers. If the Government has to bail out Kiwi Bank (and there's no sign of that yet) it will at least be bailing out its own institution

Yes its a good thing. I think we could go further in mandating that all beneficiaries had their payments go into a fees free kiwibank account, as banks like westpac erode peoples modest incomes quickly with their astronomical fees... It would probably increase the real disposable income of beneficiaries in NZ by about 3%.

Definitely.

Nz needs a government own bank. I am sick of giving money to australian banks

Im not a communist but id rather support my own people and give my money to our own ripoff crocks than feed the supper corporate giants!!!! We can still have a world economy without CORPORATE GLOBALIZATION.....theres MORE to life than just MONEY !!!!

New Zealand needs to have a bank where they can invest money in and do something useful with it.