Commonwealth Bank CEO Matt Comyn has broken his promise to stop all regional bank closures until December 2026, with CBA announcing it will close its Buderim branch in Queensland’s Sunshine Coast at the end of this month, 31 May.
Today is Cash Out Tuesday, when Aussies are urged to withdraw some cash from a bank, ATM or EFTPOS retailer to send a message to bankers that we don’t want their cashless economy.
“Will the Albanese government allow CBA and BankWest to thumb their noses at their social licence and rip away all BankWest branch services in WA, or will they put their foot down and say enough is enough?”