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10 April 2026 – The Reserve Bank of New Zealand Te Pūtea Matua (RBNZ) Assistant Governor Money Karen Silk encourages the public to have their say about local access to withdraw cash, deposit cash and swap cash for low-denomination banknotes and coins.
There has been strong interest in the “Keeping Cash Local” consultation with more than 4000 responses so far. The deadline was extended to 31 July 2026 to allow more time for people and industry to respond, and for RBNZ to share further materials.
“As part of the consultation, we have received questions about the legal basis for the proposal we are consulting on, and we will release more information about this within two weeks. This may assist people in shaping their feedback on the consultation. We will also provide some Official Information Act responses that will be completed within that timeframe,” says Karen Silk.
RBNZ is responsible for ensuring that cash meets needs of the public.
“No decisions have been made yet on the proposals outlined in the consultation, and we want to hear a wide range of views about what the minimum services should be locally to withdraw cash, deposit cash, and swap cash free-of-charge, in every district of New Zealand. The public's views are important and will help inform our approach,” says Karen Silk.
“Our preferred approach is to work with banks to explore how the public's access to cash services could be improved on a voluntary basis and we welcome responses from the cash industry,” says Karen Silk.
Additionally, alternate formats of the consultation document – in NZSL, braille, easy read, audio and large print – will be made available in May to allow disabled people and their communities to have their say.
More information
About the consultation Access to cash – Reserve Bank of New Zealand – Te Pūtea Matua: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=411ba5af3b&e=f3c68946f8
Respond to our survey, make a submission or download consultation materials on CitizenSpace: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=e68c1f2e9b&e=f3c68946f8
India’s mobile services market is expected to witness a steady growth through 2030, driven by the 5G expansion and surging data consumption. While traditional voice revenues continue to decline, telcos are increasingly leveraging high-ARPU premium 5G plans and new monetization levers for high-speed data services to drive revenue growth, reveals GlobalData, a leading intelligence and productivity platform.
GlobalData’s India Mobile Broadband Forecast (Q4-2025) reveals that the total mobile services revenue in the country is forecast to grow at a compound annual growth rate (CAGR) of 5.6% from $33.3 billion in 2025 to $43.7 billion in 2030, driven by the growth in mobile data service revenue.
Mobile voice service revenues will decline at a CAGR of 2.4% over the forecast period, in line with a continued drop in the mobile voice service ARPU levels, as operators offer free voice minutes with their bundled plans and users increasingly shift towards OTT-based voice communication platforms. Mobile data service revenue, on the other hand, will increase at a CAGR of 8.9% between 2025 and 2030, thanks to the continued rise in data subscriptions and projected increase in the adoption of relatively high ARPU yielding 5G services.
Neha Mishra, Telecom Analyst at GlobalData, comments: “The average monthly data usage over mobile networks is forecast to increase from 25.7 GB in 2025 to 58.9 GB in 2030, in line with the continued surge in consumption of high-bandwidth online video and social media content over mobile networks, given the widespread availability of 4G networks, 5G network expansions and operators’ data-centric plans.”
4G remained the leading mobile technology in terms of subscriptions in 2025 but its share of total mobile subscriptions is expected to drop over the forecast period as users increasingly migrate to higher speed 5G services.
5G will overtake 4G by 2027, by subscriber base and maintain its lead through 2030, supported by the ongoing 5G network expansion and investment initiatives by major MNOs. While Bharti Airtel and Reliance Jio already offer widespread nationwide 5G coverage, Vodafone Idea (Vi), a later entrant in March 2025, has started accelerating its expansion to strengthen its market position. Also, telcos offering unlimited 5G data plans will further support the growth of 5G adoption across both metro and non-metro areas.
Reliance Jio led the mobile services market in India in terms of mobile subscriptions in 2025, followed by Airtel India. Reliance Jio, with currently over 200 million 5G users, will retain its leadership through to 2030, supported by its rapid 5G rollouts. Airtel India is the second largest mobile service provider. It has aggressively scaled up its 5G deployment, added about 25,000 new 5G sites in 2025, growing its 5G user base to more than 135 million.
Mishra concludes: “India’s mobile market will continue to evolve by scaling 5G adoption while balancing affordability and monetization. As data usage continues to surge, operators will prioritize wider network rollouts, capacity enhancements, and tiered pricing strategies to convert traffic growth into revenue. At the same time, digital services, content bundling, and ecosystem partnerships will play a key role in driving customer engagement and long-term value creation in an intensely competitive landscape.”
Notes:
Quotes provided by Neha Mishra, Telecom Analyst at GlobalData
Information based on GlobalData’s India Mobile Broadband Forecast (Q4-2025)
About GlobalData
GlobalData Plc (LSE:DATA) operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change. By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what is coming, move faster, and lead with confidence. Our solutions are used by over 5,000 organizations across the world’s largest industries, providing tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.
ASB is preparing to support customers who may be affected by the forecast cyclone expected to impact parts of the North Island this weekend.
Targeted support will be offered to any weather impacted customers on a case-by-case basis, with options including:
ASB Executive General Manager Personal Banking Adam Boyd says the bank is ready to respond quickly to customer needs.
“With Cyclone Vaianu forecast to bring severe weather, we want customers to know support is available if they need it.
“Our teams are prepared to help and can work with customers to find practical solutions that suit their situation.”
To discuss support options, personal customers should call ASB's contact centre on 0800 803 804. Alternatively, customers can email hardship@asb.co.nz. Affected ASB business and rural customers should speak to their relationship manager or call 0800 272 287.
Further detail on ASB’s extreme weather support is available here: https://www.asb.co.nz/page/extreme-weather-support.html
More information and full terms, fees and charges can be found on ASB's website.