Saturday, March 30, 2024

Dale Webster, The Regional

30 POSTS

Bank body silent on disabled access breach of its Code

Today we learned three things: the Banking Code of Practice isn’t worth the paper it is written on, the format for emailing Westpac executives directly and that Anna Bligh’s Australian Banking Association will only engage with journalists who give them an easy run.

Open letter to Albo: Apparently you have the power to pause bank closures

Just five months ago, a petition calling for an immediate moratorium on regional bank closures was signed off on by your government, published and subsequently received 5000 signatures. Yesterday, in defiance of a direct request by a senate committee investigating the economic and welfare impacts of regional bank closures to pause all planned closures while the inquiry was in progress, Westpac shut the last banks in the South Australian towns of Coober Pedy and Tailem Bend.

Westpac’s deception by omission will not be forgotten

I’m sure there will be beers all round tonight for the Westpac communications team who managed to flip the bird at six federal senators this week and pull off one of the most stunning PR subterfuges I have ever witnessed. It was stunning for the range of those who fell into the trap and the breadth of media who picked up and reported the story without question – from the senators themselves to seasoned journalists in national newsrooms.

With its back to the wall, Commonwealth Bank halts closures

Junee is one of the first towns to benefit from a parliamentary call for banks to halt all planned branch closures until a senate inquiry reports back at the end of the year. The Commonwealth Bank is the first of the big four to act on the official request, sent Friday, with Junee and Bright closures put on hold.

Senate to hold first regional banking inquiry in 19 years

A motion to hold Australia’s first parliamentary inquiry into regional bank closures in 19 years has passed through the Federal Senate this afternoon. The new inquiry will look at the economic and welfare impacts of branch closures in regional Australia, as well as the process banks are following to close branches and reasons being given.

The good, the bad and the ugly of regional banking in 2022

“There is not one bank still open in our local area. How much cash will the supermarket give me? So far I’ve only asked for $100 each fortnight because there are still transactions to be paid in cash. Now for Christmas and gift giving I need much more because after two operations this year I’m not very mobile so cash will be for gifts.” ... Lack of access to a bank or ATM adds a layer of complexity to this time of year that our politicians just don’t seem to be able to fathom.

No regional Australians, things aren’t quite as the banks say

The Federal Government’s Treasury Department now has in its possession pages of first-hand accounts from bank staff admitting that they have been working under orders to move customers away from face-to-face banking and on to digital channels ... It is the first time hard evidence has been available to prove these long-suspected practices exist, yet the information, provided to the Regional Banking Taskforce through the Financial Sector Union, was ignored by the Government in its final report.

Four lambs! Tale of Queenie the supermum launches new author

Sheep farmer Suzanne Lewis has just published her first children’s book and had no further to look for something to write about than her own front paddock. “Queenie the Quad Lady” is the story of a remarkable ewe that captured Suzanne’s heart after giving birth to four lambs and successfully raising them all despite all the trials and tribulations a sheep can face.

Banking taskforce report opens the gate for mass closures

The number of banks closed in regional Australia in the six weeks since the Albanese Government quietly released the Coalition’s Regional Banking Taskforce final report is comparable to a dam opening its spillways. The blame for the acceleration – at least 71 branches across all states and territories – can be laid squarely at the feet of the two opposition MPs who led the inquiry, Michael Sukker and Perin Davey, and Assistant Treasurer Stephen Jones, who released the report.

Quest for safe pony began life long mission to save rare livestock breeds

After Katy Brown notched up her fourth broken bone at the tender age of 10, her mum decided that if she couldn’t buy her daughter a safe pony she had better breed one ... it was the choice of the Highland that set in motion an association that would become a life’s work for the young animal lover – saving livestock breeds facing extinction.