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Capital Holdings with Rod Oram: May 23, 2019

Capital Holdings with Rod Oram: May 23, 2019

Capital Holdings with Rod Oram: May 23, 2019 Capital Holdings with Rod Oram: May 23, 2019, 10.49 MB
Thursday, May 23, 2019

The Reserve Bank is calling for national banks to hold more capital, however the banks are unhappy with this decision, claiming holding more capital will make them more expensive to run and have negative effects on customers. Olivia Holdsworth spoke to economic journalist Rod Oram about the implications of the Reserve bank’s plans and began by asking why is the Reserve bank calling for banks to hold more capital.