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Is she considering an excess profits tax on banks in New Zealand, and if not, why not?

Answered Question 4170 (2026)
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Asked by

Chlöe Swarbrick

Member for Auckland Central · Green Party

Question

  • Is she considering an excess profits tax on banks in New Zealand, and if not, why not?

Answered by

Hon Nicola Willis

List MP · National Party · Minister of Finance

Answer

I am not going to comment on individual proposals or advice at this stage, including whether or not they are being considered, as this would undermine the Budget and policy development.