New public bank mooted as remedy for rural branch closures

Chris McLennan
Updated May 28 2024 - 3:40pm, first published May 27 2024 - 2:00pm
ATM's were seen by banks as a remedy to country branch closures, they have closed about half of them over the past six years as well.
ATM's were seen by banks as a remedy to country branch closures, they have closed about half of them over the past six years as well.

The Federal government has been asked to look into establishing a publicly owned bank as a response to the ongoing closures of bank branches across the country.

Chris McLennan

Chris McLennan

National Rural Property Writer

ACM national rural property writer based in Bacchus Marsh, Victoria. Career journalist. Multi award winner.

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