Jenee Tibshraeny: NZ Herald Wellington business editor on ANZ and BNZ bosses appearing hesitant to follow RBNZ insurance advice
Heather du Plessis-Allan Drive · Newstalk ZB
May 8, 20243m 0s
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Show Notes
One expert has noticed New Zealand's biggest banks don't seem to be rushing to get more information about the insurability of the properties they lend against.
The Reserve Bank wants banks to keep a closer eye on the long-term insurability of properties they lend against, amid concerns about natural risks.
NZ Herald Wellington business editor Jenee Tibshraeny explains the moves the banks could take to address these issues.
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Topics
businessmoneyeconomy