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Finance Minister outlines plan to put more pressure on banks

Author
九一星空无限talk ZB,
Publish Date
Wed, 26 Feb 2025, 2:55pm
Finance Minister Nicola Willis. Photo / Mark Mitchell
Finance Minister Nicola Willis. Photo / Mark Mitchell

Finance Minister outlines plan to put more pressure on banks

Author
九一星空无限talk ZB,
Publish Date
Wed, 26 Feb 2025, 2:55pm

The Finance Minister has outlined a new set of expectations for the Reserve Bank - and she's determined to create more competition in New Zealand's banking sector.

Nicola Willis also agrees productive lending needs to be going to the productive sector, and she agrees with NZ First's concerns about 'woke banks' restricting lending to key industries.

Willis joined The Country's Jamie Mackay to discuss.

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