The Australian Citizens Party (ACP) is calling for the Albanese government to implement the recommendations of the Senate inquiry into bank closures in regional Australia in full, including the recommendation for an expert panel on establishing a
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.
Westpac has sought to pre-empt the recommendations of the Senate inquiry into bank closures in regional Australia by announcing a moratorium on regional branch closures until 2027.