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Articles for Westpac, search results for closure

Westpac is called out over major customer failure
6 months ago

Westpac is called out over major customer failure

Daily Mail  

Westpac exposed its customers to a 'high risk of harm' when it suddenly closed an outback branch, leaving hundreds of people to rely on a local charity to access cash, a banking watchdog has found. The investigation found Westpac did not comply with the Australian Banking Association's branch closure protocol by failing to provide customers with adequate information about the …

Senate Customers Customer Branch Westpac Tennant Creek Creek Closure
Tom Price residents find creative banking solutions after Westpac closes bank branch
1 year, 1 month ago

Tom Price residents find creative banking solutions after Westpac closes bank branch

ABC  

A thousand kilometres from Perth and situated between red dust and mountain ranges, cash is still king at the Tom Price drive-in theatre. But the Tom Price Bank@Post service was unavailable for several months this year while the local post office moved sites and many residents said it was no substitute for a bank branch. "It's hard because the post …

Services Banking Tom Branch Cody Shire Pilbara
Mass exodus of regional bank branches across Australia leaves residents seeking solutions
1 year, 7 months ago

Mass exodus of regional bank branches across Australia leaves residents seeking solutions

ABC  

Janessa Bidgood runs an annual event in her rural town that makes over $500,000 and contributes hundreds of thousands of tourism dollars to the wider community. Public banking The idea of a government-owned bank was tabled during the senate inquiry into bank closures in regional Australia, and has since been backed by Liberal Party senator Gerard Rennick. "The banks, they're …

Social Services Banking Bank Senate Public Residents
Regional bank closures have SA locals buying safes, scared for safety as MP calls for banks to do 'right thing'
1 year, 10 months ago

Regional bank closures have SA locals buying safes, scared for safety as MP calls for banks to do 'right thing'

ABC  

Locals in Coober Pedy are buying safes and are scared of being robbed while driving long distances to make major deposits, after the closure of the town's only bank. Key points: Coober Pedy's Westpac branch closed last week, forcing locals to travel 500km to deposit sums over $7,000 The closure of Kingston's BankSA branch is suspended while a Senate inquiry …

Inquiry Bank South Senate Kelly South East Sa Branch
Westpac closure leaves SA's Coober Pedy 'high and dry' without a bank, with closest facility six hours away
2 years ago

Westpac closure leaves SA's Coober Pedy 'high and dry' without a bank, with closest facility six hours away

ABC  

The remote town of Coober Pedy, which relies on large amounts of cash for its opal mining and tourism industry, is set to lose its only bank next year. Key points: Coober Pedy will lose its only bank when Westpac closes its branch in February Australia Post will provide limited banking services to the town Residents who don't use internet …

Banking Bank Closure Post Going Town Ramsey
Australian banks close hundreds of branches and ATMs as services move online
2 years, 2 months ago

Australian banks close hundreds of branches and ATMs as services move online

ABC  

More than 1,600 bank branches closed nationally in the past six years, new data shows, with 309 branches axed in the last financial year alone. Key points: More than 300 bank branches closed nationally in the last financial year Banks also closed 963 ATMs last year as services moved online Australia has seen a 30 per cent drop in branch …

Services Banking Online Cent Banks Victoria Close