Category: Banking Culture

Banking Code Red For Branch Closures!

Another powerful piece from Dale Webster, highlighting the ineffectiveness of Baking Code, the arrogance of Westpac ignoring customers, and discriminating against disabled customers, and the Australian Bankers Association who simply talks their book, and defends what has been called “illegal” behavior.

https://www.theregional.com.au/

Make your submission to the Senate here: https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Rural_and_Regional_Affairs_and_Transport/BankClosures

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

More Bank Tricks To Make You Poorer!

Great article from The Conversation which discusses how deposit interest rates are not rising as they should, giving the banks the opportunity to bolster their profits.

As I discussed recently with Steve Mickenbecker from Canstar, people need to be careful, as the market is very misleading, or worse.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Some Banks Back Down … But: With Robbie Barwick

An update on Regional Bank closures with Robbie Barwick from the Citizens Party. Some news is good but some also bad. So we go through this week’s events.

We also highlight the broader agenda around the future of banking, the role for a National Bank, and reason why the commercial banks are dragging their feet, and disrespecting parliament.

The media finally get on the story – better late than never.

https://gerardrennick.com.au/senate-inquiry-regional-bank-closures/

https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Rural_and_Regional_Affairs_and_Transport/BankClosures

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Talking About Bank Branch Closures On The Radio…

Bank Branch closures were discussed on ABC Illawarra this morning – and I was able to discuss the policy and practical issues surrounding this important issue in my interview.

It also led the local headlines this morning.

Link to Senate Inquiry: https://www.aph.gov.au/Parliamentary_Business/Committees/Senate/Rural_and_Regional_Affairs_and_Transport/BankClosures

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

A Major Victory: Regional Bank Closures Now Under Senate Review!

Thanks to Senator Rennick, and others, the Senate agreed to an Inquiry into the closure of Regional Bank Branches, the first in nearly 20 years.

So, there will be a chance for regional communities to make submissions and the Senate should write to the Banks to ensure they hold off on further closures pending the December report deadline.

Thanks to Dale Webster from the Regional for her article on this important matter.

Democracy in action….

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Regional Australia Is Another Country!

The latest from our surveys relating to households in Regional areas versus Suburban and City areas with a focus on the use of branches, and access to cash.

We find that regional areas are much heavier users of branches and cash, relative to other areas – and Canberra in particular.

This may well explain why those based in the ACT are so far removed from the real issues faced every day by regional households and businesses.

Time to get the Senate to start their review, as I discussed with Robbie Barwick in my live show recently. https://youtu.be/OijlQNTVwtU

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

DFA Live Q&A: HD Replay Robbie Barwick: Time For A Public Bank

This is an edited version of a live discussion with Robbie Barwick from the Australian Citizens Party. In this show we will dissect the current financial system and consider how banking can be brought into line to serve the people, not profit from them.

https://citizensparty.org.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

FINAL REMINDER: DFA Live Q&A 8PM Sydney – Time For A Public Bank!

Join me for a live discussion with Robbie Barwick from the Australian Citizens Party. In this show we will dissect the current financial system and consider how banking can be brought into line to serve the people, not profit from them.

https://citizensparty.org.au/

You can ask a question live!

Go to the Walk The World Universe at https://walktheworld.com.au/

Regional Communities Are Being Impoverished By Bank Closures!

More from Dale Webster of The Regional on the important issue of bank branch closures. She calls out the political inaction so far, including from our Treasurer and Finance Minister, who wins “porky of the year!”

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

The Big Lie: Regional Banks Caught “Gaslighting” Customers

An important article from The Regional’s Dale Webster, published in Independent Australia, highlighting the lies being told to try to justify the removal of banking services from Regional Australia.

https://independentaustralia.net/business/business-display/regional-banks-caught-gaslighting-customers,17106

https://www.theregional.com.au/

The truth is bank employees are being incentivized to lose their own jobs, and local communities are being crushed by the loss of critical services, while Politicians watch from the sidelines and in fact are complicit.

Banks are destroying their social licence, in the interests of short-term profit.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/