The banks are pushing customers to do their banking online, but NAB’s mistreatment of Paul Thomas shows this gives the banks enormous power over consumers which they are all too willing to abuse.
If Australians don’t force their political leaders to intervene, we could witness the collapse of essential postal and banking services across the country, the Australian Citizens Party (ACP) is warning.
Following the news of Australia Post forecasting a full-year loss, it’s time to implement the win-win solution that will secure postal and banking services for all Australians.
Fight hard for the win-win solution: a government post office bank that guarantees service and cash access, and forces the private banking cartel to compete.
Demand the Treasurer intervene with bank CEOs and insist they earn their taxpayer guarantees and subsidies by maintaining branch services in communities.
The Big Four banks claim customers are “choosing” to bank online, but they are trying to force Australians into digital vulnerability to boost their own profits and control.
