Bank branch closures have cut off hundreds of communities, especially in regional Australia, from essential financial services. There is now a national fightback to save our communities by establishing a public banking alternative to operate through post offices.
Australia Post is an early test of the integrity of the new Albanese Labor government.
Will Prime Minister Anthony Albanese, Finance Minister Katy Gallagher, and Communications Minister Michelle Rowland follow through on the 2021 Senate inquiry report and overhaul the process of Board appointments?
Start contacting your local councils to urge their support for a public post office bank that will guarantee local banking services and force the Big Four banks to compete.
The Citizens Party is leading the campaign for Australia to establish a public post office bank, which would have enormous benefits for our nation (see below). The LPO Group, which represents the interests of the 2,850 small business Licensed Post Offices, has issued a call to all political parties to support a post office bank “to service small and medium enterprises and help sustain the network and fund infrastructure”.
LPO Group’s election call for a post office bank is a solution to the mass-closure of regional bank branches. How will the major parties, especially Barnaby Joyce and the Nationals, respond?
Politics is a nasty business, especially inside the major parties, where power trumps principles and factions war over who will wield it.
It is also supremely hypocritical, and the most supreme hypocrisy is Prime Minister Scott Morrison’s shameless politicking over allegations of bullying in the Labor Party, against the late Senator Kimberley Kitching.
