Unions are warning that a new deal to protect regional bank branches doesn’t go far enough.
The Federal Government has struck a deal with the sector to impose a moratorium on branch closures in regional areas, until the middle of 2027.
But the Finance Sectors Union says legislation is required to make sure institutions do the right thing.
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It is good news for towns such as Robinvale, who have continued to fight to keep branches open, with the Commonwealth and Westpac staying in town.
Image: https://pixabay.com/photos/portugal-lisbon-money-museum-safe-4715104/
