With all that is going on overseas, bank collapses, bailouts, and general uncertainty we are getting a lot of questions about this topic.
What happens to my savings if the bank collapses?
What about my mortgage?
Is my KiwiSaver safe?
For each question there is a very different answer.
And realistically what is the chance of a bank in NZ collapsing?
Listen in and let us know what you think.