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

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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.

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