Westpac customers in Tennant Creek unable to buy food after ‘disastrous’ branch closure, critics say

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 98%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Banking watchdog finds Westpac committed ‘serious and systematic’ breaches when closing remote NT branch in 2022

Westpac has been penalised by the banking watchdog for abruptly closing a remote branch that critics claim left some customers without a way to buy food.

Kelly Gulliver, CatholicCare NT’s financial wellbeing manager, said the branch closed without warning or consultation. The aftermath was a “complete mess”, she added. Gulliver said for two months after the branch closed in late 2022, CatholicCare NT’s Tennant Creek office was helping up to 40 people a day switch to online banking or another bank that still had a branch in town.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Australia's banking watchdog sanctions Westpac over sudden branch closure in Tennant CreekAustralia's banking watchdog has publicly sanctioned Westpac over the bank's sudden branch closure in the isolated Northern Territory town of Tennant Creek.
Source: abcnews - 🏆 5. / 83 Read more »

Westpac sanctioned over Tennant Creek bank closure, threatening safety of locals7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Source: 7NewsSydney - 🏆 16. / 63 Read more »

Westpac launches pay with Altitude Points credit card scheme7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Source: 7NewsSydney - 🏆 16. / 63 Read more »