Banks are deserting towns and suburbs and leaving Australians without ready access to cash and banking services.
Millions of Australian consumers and businesses trust and rely on cash for their everyday needs and for budgeting purposes. Even Australians that don’t attend banks or use cash regularly need access to face-to-face banking services and physical money sometimes.
Without a guarantee of access to full banking services and physical cash and a guaranteed right to use cash to buy food and essentials:
· Local economies are weaker and vulnerable to system outages.
· Many vulnerable people are effectively excluded from the economy.
· Businesses are harder to manage.
