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bank branch closures

Push for new tax as banks bail from towns

A federal levy which could allow people to continue banking at post offices could be a solution to an ongoing branch closure crisis as banks desert cities and regional hubs across Australia.A Senate inquiry examining bank closures across…

‘Don’t care’: More bank branches to close

Australian’s major banks are shutting down more branches across the country and have been accused of not caring about their customers.NAB has announced branches at Jeparit and Inverloch in Victoria will close in July.Meanwhile, branches at…

Grim reality behind mass bank closures

Desperate locals in a low-income part of regional Victoria have detailed how the mass closure of bank branches in their area has negatively impacted their community.A Senate inquiry into regional and rural bank closures was held in Sale,…

Westpac slammed for ‘outrageous’ move

Westpac is “abandoning customers” by shutting down a further 20 bank branches across four states in Australia, the union claims.Its latest move could see up to 91 jobs cut, with Finance Sector Union national secretary Julia Angrisano saying…

Town’s fury at ‘disgraceful’ Westpac move

Residents of a booming outback Queensland mining town are furious at the “disgraceful” decision by Westpac to close its branch there, amid warnings regional bank closures are reaching “crisis” levels.Cloncurry in northwestern Queensland,…

‘Stinks’: Horror reality of bank closures

People are being forced to drive up to $200,000 in cash thousands of kilometres while vulnerable customers are handing over sensitive bank account details to library staff – that’s the dire reality facing Aussie towns with a number set to…