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Podcast: The Mike Hosking Breakfast
Episode: Roger Beaumont: Banking Association CEO on the Reserve Bank's push for banks to provide cash services
Description: A war of words between the banking sector and its regulator over how much New Zealanders want cash. Â The Reserve Bank's proposing opening more branches and hubs to provide cash services, costing the sector $104 million a year. Â It says cash continues to play an essential role for small businesses and communities. Â But Banking Association Chief Executive Roger Beaumont told Mike Hosking customers are moving towards digital payment methods. Â He says they're using apps or online banking, rather than going to punch in a pin at an ATM to buy an icecream from...