DAN TEHAN MP
MINISTER FOR TRADE, TOURISM & INVESTMENT
FEDERAL MEMBER FOR WANNON

TASKFORCE TO EXAMINE REGIONAL BANK CLOSURES

October 22, 2021

Member for Wannon, Dan Tehan has welcomed today’s announcement that a Regional Banking Taskforce has been established by the Morrison Government to assess the impact of bank branch closures on regional communities.

“As I talk with community members in Wannon, they have told me how important a local bank branch is to them, from residents who are unable to use online services to the impact it has on the liveability of a town,” said Mr Tehan.

The Taskforce will bring 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.

The taskforce will also provide a platform to establish how the transformation within the banking industry, particularly branch closures, has affected those living in the regions.

The Regional Banking Taskforce will enable the Government to work closely with the banks and local communities to assess how these services can best be delivered in our regions.

The Taskforce will hold its first meeting in early November and will release an issues paper for public consultation.

The Regional Banking Taskforce and the Government’s support for rural and regional communities is part of our economic plan to support the recovery and keep Australians together.

Media contact | Cate Mercer-Grant 0408 564 232
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