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.