Breaking News, New Zealand Deposit holders will eventually be getting deposit insurance. And its bigger than many expected!
https://www.rbnz.govt.nz/news/2021/04/new-deposit-takers-act-a-step-closer
The new Deposit Takers Act will create a single regulatory regime for all bank and non-bank deposit takers (such as building societies and finance companies). It will also introduce a new deposit insurance scheme that will protect up to $100,000 per depositor, per institution in the event of a failure.
Go to the Walk The World Universe at https://walktheworld.com.au/
