I don't want 'open banking', though I don't mind if others do.
I want a full-functional personal CBDC* account at the RBNZ, and fully bond-backed savings accounts there for my term deposits & Kiwisaver.
Oh, and while we're at-it, I want the banks out of the residential property market, and the re-establishment of old-fashioned Mutual / Building Societies for that purpose.
*Central Bank Digital Currency- pet hate of bankers and conspiracy fantasists.
I don't want 'open banking', though I don't mind if others do.
I want a full-functional personal CBDC* account at the RBNZ, and fully bond-backed savings accounts there for my term deposits & Kiwisaver.
Oh, and while we're at-it, I want the banks out of the residential property market, and the re-establishment of old-fashioned Mutual / Building Societies for that purpose.
*Central Bank Digital Currency- pet hate of bankers and conspiracy fantasists.