Jenee Tibshraeny: NZ Herald Wellington business editor on the RBNZ considering requiring banks to set up thousands of ATMs

Best of Business · Feb 25, 2026 · 4m · transcript

New Zealand won't be going cashless anytime soon under the Reserve Bank's new proposal.

It wants to set up 1300 multi-bank hubs to provide full services free of charge.

The plan ensures those in urban areas can walk to get cash - and the drive for those living rurally is reasonable.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.