There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution.

A new Westpac-commissioned found nearly one in four Kiwis have a disability, and can encounter barriers to accessing accounts and services.

The bank wants to introduce a new 'basic' bank account, to help reduce numbers of people not using banking.

Chief executive Catherine McGrath says it matches a UK offering, with specific features.

"The don't have overdrafts, the types of transactions can be a bit restricted."

LISTEN ABOVE

There's a growing push to make banking more accessible for the disabled - and one major bank aims to launch a solution.
A new Westpac-commissioned found nearly one in four Kiwis have a disability, and can encounter barriers to accessing accounts and services.
The bank wants to introduce a new 'basic' bank account, to help reduce numbers of people not using banking.
Chief executive Catherine McGrath says it matches a UK offering, with specific features.
"The don't have overdrafts, the types of transactions can be a bit restricted."
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Catherine McGrath: Westpac chief executive on the bank's plan to launch new 'basic' bank accounts

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c3a6e8e4-78fb-4114-b147-b26c003e1f53/transcript