Jenee Tibshraeny: NZ Herald Wellington business editor on the RBNZ considering requiring banks to set up thousands of ATMs

New Zealand won't be going cashless anytime soon under the Reserve Bank's new proposal. 

It wants to set up 1300 multi-bank hubs to provide full services free of charge.

The plan ensures those in urban areas can walk to get cash - and the drive for those living rurally is reasonable. 

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

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