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The Government says it is accelerating moves to provide Kiwibank with access to more capital. "Treasury have been directed to talk to New Zealand KiwiSaver funds, New Zealand investment institutions and New Zealand professional investor groups about a potential investment of up to $500 million in the bank," Finance Minister Nicola Willis said. Willis said the Government wanted Kiwibank to be more competitive against the big Australian-owned banks. Willis said they Government was not considering selling any of the shares currently held. She did add, however, they might consider a public share offering, but not during this term. | Subscribe: https://bit.ly/2JPg8oB Read more: For full coverage visit www.Stuff.co.nz Subscribe to our channel: https://bit.ly/2JPg8oB ----------------------------------------------------------------------------------------------------- Stuff is New Zealand's largest and most popular news site. With more than 500 journalists spread from Northland to Southland, we cover breaking news, politics, business, sport, crime, the environment, health, education, home and property, food, lifestyle, entertainment, weather, travel, technology, motoring, farming and much more. As well as covering the stories of the day, we specialise in investigative journalism, opinion and analysis, and long-form writing and visual storytelling. ----------------------------------------------------------------------------------------------------- Social media channels: TikTok: / nzstuff Twitter: / nzstuff