Latest News

Landry slams big banks over branch closures

Federal Member for Capricornia Michelle Landry has slammed the big banks over a raft of bank branch closures across Capricornia.

This is following the closure of branches in Rockhampton, Mackay, Moranbah, Clermont, Sarina, Collinsville and Middlemount.

Federal Member for Capricornia Michelle Landry said changes to banking had noticeable effects through Capricornia.

“The big banks have resulted in constituents being advised to use online services. While this may be viable for some people, I have serious concerns for our elderly that rely on these bank branches,” Ms Landry said.

“It is simply not fair to ask some people in our community to drive over 2 hours to visit their local branch.

“It’s time for the big banks to put their money where their mouth is and stop treating our regional communities like second class citizens.”

Ms Landry said a Regional Banking Taskforce established by the Liberal and Nationals Government will bring welcome focus on the impact of bank branch closures on regional communities.

“Residents of regional Queensland are all too familiar with the on-the-ground impacts of dwindling banking services over recent years, so the establishment of this Taskforce is a welcome development.

“Banks and other key stakeholders will be brought together to hold a number of regional round tables to assess how bank branch closures have impacted local businesses, industries and communities and work collaboratively to identify possible solutions.

“The Taskforce will not only look at the impacts of branch closures but also look at what solutions may be available for the residents of affected communities.

“The Taskforce will hold its first meeting this month and will release an issues paper for public consultation.

“I encourage any affected people to make a submission.”

Subscribe To My Newsletter

If you want to be kept up to date with what’s happening in the electorate or what I’m doing in Canberra, please subscribe to my newsletter.