How would it be safer? I think by relying on sleeving is another element of trouble (as the tidiness of the work is only as good as the person on the job).You slip on a green/yellow sleeve where the cable is in a fitting or junction box. It's much safer that way.
What I am impressed is the level of safety in NZ electrical code for residential. The standard is very high (and costly) for eg, the switchboard for newly built homes requiring only 3 breakers behind each RCD (GFI) breaker. Wet areas like the bathrooms no longer require RCD/GFI type electrical sockets as the whole house is RCD protected. A huge difference in safety requirement compared to N. American standard. I asked my uncle why the tough standard in NZ on residential homes? He said because the safety has to factor in the "HandyMan" / DIY margin of error. In commercial builds they don't require it because there's not the handyman DIY.