Gerard Rennick (Queensland, Liberal Party) Share this | Link to this | Hansard source

I, and also on behalf of Senator Brockman, move:

That the following matter be referred to the Rural and Regional Affairs and Transport References Committee for inquiry and report by 1 December 2023:

The current extent of bank closures in regional Australia, with reference to:

(a) the branch closure process, including the reasons given for closures;

(b) the economic and welfare impacts of branch closures on customers and regional communities;

(c) the effect of bank closures or the removal of face-to-face cash services on access to cash;

(d) the effectiveness of government banking statistics capturing and reporting regional service levels, including the Australian Prudential Regulation Authority's authorised deposit-taking institutions points of presence data;

(e) consideration of solutions; and

(f) any other related matters.

Question agreed to.