NZ First·Party policy·Election 2026 policy

Buy back BNZ and $1,000 KiwiSaver at birth for citizens

What it actually does

NZ First would buy back BNZ and merge it with Kiwibank into a Crown-owned, commercially run 'National Bank of New Zealand'. It would also make an automatic $1,000 Crown KiwiSaver contribution at birth for New Zealand citizens only.

Source: NZ Herald · 2026-05

The Trump take

“The government buying a bank? Sounds a little socialist, Winston. But if you get a good price, a really good price, maybe I'd look at it.”parody

Why it scored this way

  • Deals & property

    Government buys out a private bank

    -1

    Dislikes it

  • Big government

    Bigger state footprint in banking

    -1

    Dislikes it

  • Welfare

    New universal-style payment, albeit citizens only

    -1

    Dislikes it

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