Demand the Treasurer intervene with bank CEOs and insist they earn their taxpayer guarantees and subsidies by maintaining branch services in communities.
The Big Four banks claim customers are “choosing” to bank online, but they are trying to force Australians into digital vulnerability to boost their own profits and control.
All Australians should support this formal petition to Parliament:
Petition EN4244 - Moratorium on regional bank closures and new inquiry
Petition Reason
Help count the number of cashless outlets that banks are trying to pass off as branches.
In the ongoing war on cash, the big banks are opening cashless banking outlets, or shifting existing branches to cashless outlets.
Major party politicians are putting the economic security of all Australians at serious risk by their misplaced confidence in the Australian Prudential Regulation Authority (APRA), the bank regulator.
When the government and financial authorities assure you your deposits are guaranteed, don’t believe them. They have proven time and again that in a financial crash they will put the survival of banks and their powerful owners first.
