Original article by David Ross
The Australian – Page: 14 : 22-Jan-25
The Finance Sector Union’s national secretary Julia Angrisano has urged federal government intervention to ensure that consumers still have access to bank branches. Data from the Australian Prudential Regulation Authority shows that 2,334 branches have been closed nationwide over the last seven years. The Bank of Queensland recently advised that it will close another 14 branches, in addition to several that were already slated to close. Agrisano says the government has failed respond to a review of banking in regional areas, where many people no longer have access to branch banks.
CORPORATES
FINANCE SECTOR UNION, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, BANK OF QUEENSLAND LIMITED – ASX BOQ