Bank closures in regional Australia

On 8 February 2023, the following matter was referred to the Rural and Regional Affairs and Transport References Committee for inquiry and report by 1 December 2023.

The current extent of bank closures in regional Australia, with reference to:

a. the branch closure process, including the reasons given for closures;

b. the economic and welfare impacts of bank closures on customers and regional communities;

c. the effect of bank closures or the removal of face-to-face cash services on access to cash;

d. the effectiveness of government banking statistics capturing and reporting regional service levels, including the Australian Prudential Regulation Authority's authorised deposit-taking institutions points of presence data;

e. consideration of solutions; and any other related matters. 

Submissions close on 31 March 2023

Committee Secretariat contact:

Committee Secretary
Senate Standing Committees on Rural and Regional Affairs and Transport
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3511