Bankers Lose Over Bank Branch Closures: But Now The Political Games Begin!

May 26, 2024 00:06:04
Bankers Lose Over Bank Branch Closures: But Now The Political Games Begin!
Digital Finance Analytics (DFA) Blog
Bankers Lose Over Bank Branch Closures: But Now The Political Games Begin!

May 26 2024 | 00:06:04

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Show Notes

The Senate published their Report into Regional Bank Branch Closures late last Friday. https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Rural_and_Regional_Affairs_and_Transport/BankClosures/Report I will be discussing this on my live YouTube show on Tuesday with Robbie Barwick. https://youtube.com/live/NJnaqhARu90 But already, the award winning Journalist Dale Webster over at the Regional has written an excellent article: https://www.theregional.com.au/post/banks-blow-their-chance-to-self-regulate-by-betraying-trust Over the 13 hearings held across Australia and in more than 600 written submissions the only defence of the banks’ actions came from the banks themselves, but when their executives appeared to give evidence, all they managed to do was convince the senators of just how out of touch they were with […]

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