Business Desk
Banks didn’t get enough notice of cash consultation: Willis
05/03/2026
Last week, the New Zealand Banking Association (NZBA) criticised RBNZ’s proposals for a minimum cash-services standard as “extreme” and labelled it a “back-to-the-future solution”.
Read Article
Business Desk
Reserve Bank agrees cash-consultation notice insufficient
04/03/2026
New Zealand Banking Association chief executive Roger Beaumont told NewstalkZB that the consultation’s content was “completely out of the blue”.
Read Article
NZ Herald
Kiwibank CEO says banks were ‘blindsided’ by Reserve Bank’s ATM proposal; Nicola Willis not picking sides in battle
26/02/2026
New Zealand Banking Association chief executive Roger Beaumont said customers would carry the cost of the “extreme” and “back to the future” measures the Reserve Bank wanted to take.
Read Article
NZ Herald
Banking sector hits back at Reserve Bank call to provide 1000 more branches, ATMs across NZ
26/02/2026
Earlier, Banking Association CEO Roger Beaumont told Newstalk ZB’s Mike Hosking the “curious” proposal had come “completely out of the blue. It’s kind of back to the future. It’s almost like Sport New Zealand demanding that jazzercise and leg warmers make a comeback without any appreciation of customer preferences, let alone demand,” he said.
Read Article
Newstalk ZB
“Kind of Back to the Future”: Banking sector confused by RBNZ’s push for more cash
26/02/2026
But Banking Association Chief Executive Roger Beaumont told Mike Hosking customers are moving towards digital payment methods. He says they’re using apps or online banking, rather than going to punch in a pin at an ATM to buy an ice-cream from the dairy.
Read Article
Interest.co.nz
Bank lobby group says RBNZ cash plans will increase the cost of banking for all New Zealanders
26/02/2026
“Banks agree that cash use should be preserved for those customers who need it, but this proposal is extreme. This is a back to the future solution,” he said.
Read Article
Business Desk
Banks label RBNZ cash-access proposal ‘extreme’
26/02/2026
“Demanding the provision of 3,000 bank-more branches and ATMs when there simply isn’t the need for them will ultimately increase the cost of banking for all New Zealanders,” said Beaumont.
Read Article
RNZ
80% of Kiwis still use cash on a ‘sometimes’ basis
26/02/2026
Roger Beaumont, the CEO of the New Zealand Banking Association spoke to Guyon Espiner.
Read Article
TVNZ
Banks must provide cash services to customers, Reserve Bank says
25/02/2026
“A real back to the future move by the Reserve Bank, and it flies in the face of how customers are choosing to do their banking, which is increasingly digitally.”
Read Article
Stuff
Grieving father petitions Parliament to force banks to block alcohol transactions on children’s payment cards
13/02/2026
“The next generation of payments is currently being developed and it could be possible to build this kind of capability into the new systems, which may be a better way to go given the time and resources it would take to design and build fixes for the current payment systems.”
Read Article
