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  "description": "Christopher Luxon has ruled out agreeing to the idea – even if Peters brings it to coalition talks as a non-negotiable.",
  "path": "/face-of-the-day-1483/",
  "publishedAt": "2026-05-18T18:30:43.000Z",
  "site": "https://goodoil.news",
  "tags": [
    "Winston Peters announced on Sunday",
    "quickly came up against strong criticism",
    "REad More"
  ],
  "textContent": "> Prime Minister Christopher Luxon has ruled out signing up to NZ First’s proposal to buy back BNZ.\n>\n> Winston Peters announced on Sunday that New Zealand would buy BNZ back from its Australian owners if NZ First were voted into government in November’s election.\n>\n> He said the bank would be merged with Kiwibank to form the “National Bank of New Zealand”.\n>\n> The plan quickly came up against strong criticism, with Finance Minister Nicola Willis labelling the idea “extremely reckless” and the Taxpayer’s Union chair Ruth Richardson calling it “bankruptcy of thinking”.\n>\n> Now, Christopher Luxon has ruled out agreeing to the idea – even if Peters brings it to coalition talks as a non-negotiable.\n>\n> Stuff\n\nREad More",
  "title": "Face of the Day",
  "updatedAt": "2026-05-18T18:30:42.852Z"
}