NZ First leader Winston Peters has announced a pair of major economic policies, including compulsory KiwiSaver enrolment at birth with a $1000 Crown contribution and a proposal to buy back the Bank of New Zealand from Australian ownership.
Speaking at a campaign event in West Auckland today Peters said every New Zealand citizen would automatically become a KiwiSaver member at birth under what he called the “KiwiSaver Generation” policy.
“This is a once-per-lifetime investment that compounds for decades,” Peters said, arguing the move would ensure every child entered adulthood with savings already growing in their name.
The policy would work alongside New Zealand First’s wider push for compulsory KiwiSaver participation and increased employer and employee contribution rates rising to 10 percent over time.
Peters also revealed plans to buy back the BNZ from National Australia Bank and merge it with Kiwibank to create a fully Crown-owned “National Bank of New Zealand”.
“Four Australian owned banks control around 85 percent of the system,” Peters said, claiming billions of dollars in profits were flowing offshore each year.
He said the new entity would operate commercially while creating stronger competition in the banking sector and supporting infrastructure, agriculture and small businesses. Peters described the proposal as “not nationalisation – this is taking back our country.”
The acquisition would be funded through a mix of sovereign banking bonds, long-term Crown debt, investment fund participation and Kiwibank’s existing capital base, with the plan intended to be self-financing rather than funded from the operating budget.
“New Zealand built BNZ. Labour and National sold it. Now we are going to buy it back,” Peters said.
Another great crowd turnout today at our public meeting in West Auckland.
Very positive feedback and reaction to our policy announcements to make KiwiSaver enrolment compulsory at birth with a $1000 Crown contribution, and to buy back the BNZ bank and merge with Kiwibank to… pic.twitter.com/xTNAThbe7E
— Winston Peters (@winstonpeters) May 17, 2026
These decisions would be legitimate if they were voted on via a direct democracy (based on the Swiss model) as opposed to being electioneering tactics to leverage support in the fake democracy party political system. Chances are if NZF forms a government it will be as a part of a fake democracy “coalition” which will result in horse trading and the phoney election promises will go out the window.
Sounds about right.
So hand the NAB a huge swatch of NZ taxpayer cash. What a horrible idea. Why not simply fund another state owned bank at a lesser cost and put the difference into a NZ state owned insurance company that could moderate the extortionate insurance costs of the multi-nationals.What too about the Natzi’s plan for proxy digital ID’s and the failure to cap rates, with councils ripping off the NZ home owner? Not to mention a healthcare system on its knees.
This all comes across as a gimmick to distract people from the real issues, none of them have fixed to date. Wont be voting for you Winston but I’m sure plenty will buy the political magic show.
….Which is why I’m re-voting for the NZ Loyal Party; at least they outline what they are planning to do, and it doesn’ involve second and third parties that carries their baggage of bad ideas, broken promises, and WEF / WHO / JWO & IBS policies that are proctored and forcibly promoted by the Zionists, and especially Israel!
https://nzloyal.com/policy/
Do another KiwiBank (that still can’t stand on it’s own feet) but add a combo monster?
Must be election year.
What about the Heartland Bank, the Co-Operative Bank or SBS?
What about the Credit Unions as an emergency back-up for when the Major Banks fail in September 2026?
Forcing KiwiSaver on to New Zealanders from birth is just another method of having the Banks force a Digital ID on us from birth, and removes spendable income from the people who are forced-enroled in such a scam!
KiwiSaver is just another tax scheme that diminishes our otherwise spendable income which would help the retail sector in sales and allows for inter-bank auditing of customers & clients that is shared with the government.
Read the fine print on the Major Banks…and keep in mind that former NZ PM John Key passed a quiet law that allows for warrantless searches when homeowners are not home.
https://www.stuff.co.nz/national/127426117/police-seize-rifle-500-ammunition-rounds-from-controversial-christchurch-pastor-in-new-years-eve-raid
https://www.stuff.co.nz/national/crime/127490723/law-experts-and-gun-owners-concerned-over-police-use-of-warrantless-search-powers
From Wikipedia;
In May 2017, Key was appointed to the board of directors of Air New Zealand, and took up the position on 1 September 2017.[120][121] He was also appointed chairman of ANZ Bank New Zealand, taking up the position on 18 October 2017.[121] On 31 March 2020, Key stood down as a director of Air New Zealand.[122] He joined the board of American cybersecurity company Palo Alto Networks in 2019.[123] In February 2026, Key joined the board of New Zealand education company Crimson Education, taking up the position of chairman.[126] On 25 July 2008, Key was added to the New Zealand National Business Review (NBR) Rich List for the first time. The list details the wealthiest New Zealand individuals and family groups. He had an estimated wealth of NZ$50 million,[159] which made him the wealthiest New Zealand Member of Parliament,[160] and the wealthiest prime minister ever.[161] In the 2016 NBR Rich List, Key had an estimated wealth of NZ$60 million. Most of his financial investments are held in a blind trust.
Now, compare to the following…
https://www.thevinnyeastwoodshow.com/vinny-mr-news-eastwoods-blog/john-key-past-and-future-exposed-in-minutes-please-share
Not to be outdone, have a look at Jabby…
https://www.thevinnyeastwoodshow.com/vinny-mr-news-eastwoods-blog/jacinda-ardern-labour-the-truth-exposed-nz-elections-pt3
The more serious issues are,
The lack,of people living in NZ.
The number of people leaving NZ.
The extremely low birthrate in NZ.
Men are walking away from liability. Ridiculous asset division, over taxation, fees and compliance.
Tell me. Wheare are the people to find the money from to save? Most can’t make ends meet now.
Its a really big thing to leave family, leave the familiar people you know. To sell up all your goods, end relationships and bugger off overseas. NZ Unemployment is high, less income, Crappy economy, less of a future in NZ has driven these people out of NZ.
Very similar to the Brits & Americans who have left the U.S. & the U.K., who have done the same to escape the oppressive Israeli influences in those nations!
Anon… Seems to me the NZ is a lifestyle option.
You touch the most serious issue: the NZ family court killing thousands of fathers
https://assets.menz.org.nz/wp-content/uploads/OIA-response-for-A-Kern.pdf
Winston is a charlatan and a chameleon.
In subsequent roles with subsequent red or blue governments, he looks at himself as a kingpin, but in fact he is a kingmaker, an enabler of the rort. Just to get NZ1 over the 5% and into power of government, he formed coalition governments just to be in government with both the National Party and the Labour Party, often after campaigning against them:
He entered a coalition with National in 1996, serving as Deputy Prime Minister.
He then supported Labour from 2005 to 2008 as Minister of Foreign Affairs.
2008 to 11 he was out.
In 2011 he went into opposition to National.
He formed a coalition with Labour again in 2017, becoming Deputy Prime Minister under Jabcinda.
Then, after Labour’s decline, he formed a coalition with National in 2023, again serving as Deputy Prime Minister. What happened to his last election promise of an independent covid inquiry? Yeah, right. Remember, he was essential part of Jabcinda’s 2020 terror.
He is a kingmaker for both major parties, and that, coupled with his populist rhetoric that can appeal to different bases, makes him the New Zealand Machiavelli, stabbing the mandate in the back.
Delusions of grandeur feed his self interest while being too self-absorbed to realize that he is judged by his association with globalists and therefore judged as complicit accessory to the rort. Winston is part of the treason the globalist blue/red/ bunch in the beehive has perpetrated on the people of Godzone.
Now this new rort, this electioneering idea with compulsory saving while the country is being led into an energy abyss, is also treasonous. Confiscating people’s hard earned ‘money’ with the promise it is still there when needed? Spin us another one.
Winston’s voters might be old, but they are not all senile or suffer Alzheimers.
What we see as a ‘democratic government’ in New Zealand is a company aka the New Zealand Company, originating in the Parliament of Great Britain in November 1840. They are not in any way, shape or form part of the constitutional authority of this country as they removed/repealed their 1852 constitutional authority in 1986, giving themselves the ‘unconstitutional’ capacity and rights to do what they like. We are not slaves and do not have to continue believing we owe our existence to someone else, especially an unconstitutional Company and its unethical board of puppets.