Almost 9 in 10 Kiwis against selling Kiwibank

Print

Mon, 21 Jun 2010 6:30p.m.

85 percent are against selling the bank

85 percent are against selling the bank

By Duncan Garner

A 3 News Reid Research poll has delivered a brutal blow to the Government's plans to potentially sell state assets if it gets another term in office.

Voters are overwhelmingly demanding Prime Minister John Key keep Kiwibank in Kiwi hands.

Kiwibank has hundreds of thousands of customers, makes a profit and is proudly Kiwi. Finance Minister Bill English mused that it could be sold, forcing Mr Key into saying it won't.

"Kiwibank is going to remain in New Zealand ownership under my leadership," said Mr Key.

It's clear Kiwis don't want it to go on the block.

3 News asked, should the Government sell Kiwibank or partially privatise it?

An overwhelming 85 percent said no. Just 9 percent said yes, and 6 percent didn't know.

We put the results to Mr Key before he left for South Africa - he accepts New Zealanders are against it.

Mr Key has repeatedly said he won't sell Kiwibank in recent weeks, but voters aren't sure if they believe him.

We asked, do you believe if National wins a second term it will try and sell Kiwibank? More than half - 53.5 percent - said yes it will, just 29.5 percent said no, it won't.

Labour leader Phil Goff says voters clearly think Mr Key might change his mind.

"He broke his promise on GST," says Mr Goff. "Will Kiwis really believe he won't break his promise on Kiwibank?"

National says it might sell other state assets next term and if it does, it will campaign on it. But 80 percent of voters say don't sell other assets either; just 12 percent think privatising state assets is a good idea.

Mr Key still says National wants to have the debate.

"I think we owe it to ourselves to go through the policy and see what the positives are and what the negatives are. We then have to weigh it up."

The results are overwhelming clear - voters don't want their assets sold.

Mr Key is still suggesting National will still look at partial privatisations - but these numbers are a huge blow, and National is likely to just quietly back away from this debate in the months ahead.

3 News

Become a fan of 3 News on Facebook and on Twitter.

Post a Comment

Before commenting, please take the time to read our moderation guide


(Won't be published)



Comments

22 Jun 2010 09:47a.m.

Gus wrote:

There are some confused comments here. ROGER DOUGLAS was behind Labours economic strategy in the 80's. It's called "Rogernomics" for a reason, and his actions split the party apart.

22 Jun 2010 04:47a.m.

Jan.. wrote:

Kiw Banks are not for sale, it belong to Kiwi Land and we prefer it that way..

21 Jun 2010 10:37p.m.

Lightseed wrote:

this is a non story considering Key stated that kiwi bank nor it's parent company will be sold. you are right Frances, Labour sold of the most SOE's ever, and the person on the cabinet for that was Phil Goff.

21 Jun 2010 10:26p.m.

JD wrote:

Interesting how they have not informed us as too how many people they poled for this survey, was it one hundred, one thousand? I guess if most New Zealander's are happy to pay bank fees at there regular banks as well as paying taxes to subsidise Kiwibank fees, more fool them. As long as we continue to subsidise these money pit state assets, the less money will be available to put into health, education and other essential services.

21 Jun 2010 09:45p.m.

V wrote:

Labour - National its all the same fools, WAKEUP the New World Order has your number and your work and money are for-sale.

21 Jun 2010 08:53p.m.

Frances wrote:

The people U cannot trust is Labour. They sold dozens of state assets in the 80's including Petrocorp, Post Bank, Rural Bank, Air New Zealand, Telecom, State Insurance, Government Print, New Zealand Steel, Forestry Cutting Rights, Tourist Hotel Corporation, Development Finance Corp, Health Computing Service, Maui Gas and the Shipping Corporation. The privatisation of state-owned enterprises was an enormous handout to big business. They bought vast assets cheap and made fortunes out of them. The sales were said to be necessary to raise funds to pay back the foreign debt but the foreign debt didn’t go away it gor worse.
Now following the extent of there credit card corruption we now know they can NEVER be trusted. They are corrupt to the core.

21 Jun 2010 06:57p.m.

Kim wrote:

Nope key will not sell kiwi bank but he will partially privitise NZ post which owns it outright. Smarmy little liar he is..

21 Jun 2010 06:49p.m.

ivan wrote:

it wont surprise if national sells of kiwi bank you just can not trust national they broke their promise on gst the national party are a bunch of liars i am not that much of a labour fan but i would prefer labour any day over national because i can trust labour