New Zealand's leading banks have been ordered to prove they are not ripping off their customers like their Australians counterparts have been doing. A royal commission into Australia's financial services sector has found banks have cheated customers and lied to regulators. The Financial Markets Authority and Reserve Bank spoke with the heads of New Zealand banks on Monday seeking concrete evidence the same was not happening here. RNZ business editor Gyles Beckford discusses the details with Guyon Espiner.
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