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Banks strike Australia Post deal to bolster rural branches, with ANZ ...

Banks strike Australia Post deal to bolster rural branches with ANZ
Lenders will extend moratoriums on country branch closures and have agreed to lift funding for over-the-counter services provided at post offices.

The banks and federal government have brokered a deal to shore up services in the bush by expanding the membership and increasing funding for Bank@Post, the banking operations of Australia Post.

The major banks have also agreed to moratoriums on regional branch closures until July 2027.

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