Christopher Luxon: Prime Minister ahead of the Commerce Commission's banking sector report, on his address at the Kīngitanga coronation celebrations

The Mike Hosking Breakfast

Christopher Luxon says the Government will be acting on the Commerce Commission's final report on the banking sector.

The watchdog's final report is due out about 8.30am.

In its draft report, published in May, it found the sector was lacking competition, and recommended changes to allow Kiwibank to grow bigger and to allow smaller banks to compete better.

The Prime Minister told Mike Hosking that Finance Minister Nicola Willis has a plan on how to respond to the final report.

And education was a focus for Luxon in yesterday's address at the annual coronation celebrations for the Kīngitanga.

In a heated powhiri at Ngaruawahia's Turangawaewae Marae, kaumatua and party leaders addressed Government policies affecting Māori, and in the ACT Party's absence, its Treaty Principles Bill loomed large.

The Prime Minister wants Māori to excel economically in New Zealand, which starts with education.

He says this should be a country where Māori are better educated and can access better paying jobs, and can have faster access to medical help when they need it.

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