Are Bank Deposits Safer In Australia Or New Zealand?

I am joined by Robbie Barwick from The Citizens Party as we discuss the latest Deposit Bail-In issues, prompted by a New Zealand Government paper which proposes to change the current “Open Banking Resolution” Bail-In approach.

We explore the underlying drivers of this approach, and alternatives which provide a better solution.

Links:

https://committees.parliament.uk/publications/6725/documents/71894/default/

https://www.treasury.govt.nz/system/files/2021-04/rbnz-dtb-DEV-21-SUB-0079-4426957.pdf

https://citizensparty.org.au/media-releases/nz-law-will-bail-deposits-australian-banks

Go to the Walk The World Universe at https://walktheworld.com.au/

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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