Nicola Willis: Finance Minister on KiwiBank being given the green light to raise an additional $500 million

The Finance Minister's floating the idea of listing KiwiBank on the stock exchange. 

Cabinet has given KiwiBank's parent company the green light to raise an extra $500 million.

However, Finance Minister Nicola Willis says this won't occur without an electoral mandate.

"That will be for individual parties to take a position at the election - but I've been advised that any potential public offering could take place before 2028."

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