The Regional Banking Taskforce was established on 22 October 2021 to assess the impact of bank branch closures on regional communities.
The Taskforce brings together banks and other key stakeholders to assess how bank branch closures have impacted local businesses, industries and communities and work collaboratively to identify possible solutions.
This consultation seeks comments on the impacts of regional branch closures, how Australians are accessing banking services and potential solutions for maintaining and improving banking services and accessibility where branches have been closed.
416 submissions were received for this consultation. Of these 13 were confidential and 22 were deemed unsuitable for publishing as per the Treasury submission guidelines. All submissions informed the Taskforce deliberations.