Follow the podcast onThe Government has decided against scrapping a new regime aimed at preventing banks, insurers and non-bank deposit takers from mistreating customers. This Code of Conduct was established following a 2018 Royal Commission exposing questionable behaviour by Australian banks. NZ Herald Wellington business editor Jenee Tibshraeny explains why institutions were surprised by this 'inevitable' announcement. LISTEN ABOVE

Source: New Zealand Herald January 31, 2024 13:28 UTC