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

Gavin Grey: UK correspondent on Louvre director Laurence des Cars resigning after 2025 jewel heist
04:22

Full Show Podcast: 25 February 2026
1:39:51

Andrew Curtayne: Milford Asset Management expert on what Anthropic's Claude AI is doing to the markets
04:37