Jenee Tibshraeny: NZ Herald Wellington business editor on the Commerce Commission's suggestions to improve banking competition

from Best of Business · host Newstalk ZB

The Commerce Commission has detailed several potential changes in a new 389-page report designed to improve competition in the banking sector. One change involves establishing a deposit compensation scheme that insures the first $100,000 of an individual or business’s savings at a bank, credit union, building society or finance company. NZ Herald Wellington business editor Jenee Tibshraeny examines whether or not this is the way forward. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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This episode was published on August 21, 2024.

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