Australians smashed by interest rate rises are paying the price for decades of the Reserve Bank of Australia ignoring its lawful mandate in favour of a policy dictated by neoliberal think tanks.
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.
The closure of bank branches in Australia has become a crisis for customers, communities, and staff, but the banks’ own figures prove they are lying about their reasons for doing it.
Help count the number of cashless outlets that banks are trying to pass off as branches.
In the ongoing war on cash, the big banks are opening cashless banking outlets, or shifting existing branches to cashless outlets.
These can take the form of “tellerless” outlets, or outlets where cash can only be deposited or withdrawn via automatic teller machines (ATMs).
Must watch interview with former NZ Cabinet Minister Matt Robson:
To see an example of how individuals committed to the principle of the common good can win crucial political battles against formidable vested interests, watch the Citizens Party’s latest Citizens Insight interview with former New Zealand Cabinet Minister Matt Robson.
Support a national bank to fund the full Bradfield Scheme.
First the good news: Prime Minister Scott Morrison has announced $5.4 billion to fund the Hells Gate Dam on the Burdekin River, northwest of Townsville.
