For the next 20 days Australians have an opportunity to submit to Treasury’s consultation on a new bill to regulate digital payments in the payments system.
Due to high demand, the Senate Rural and Regional Affairs and Transport (RARAT) Committee has extended the deadline for submissions to its inquiry into bank closures in regional Australia by a month, to 28 April.
The banks are pushing customers to do their banking online, but NAB’s mistreatment of Paul Thomas shows this gives the banks enormous power over consumers which they are all too willing to abuse.
Fight hard for the win-win solution: a government post office bank that guarantees service and cash access, and forces the private banking cartel to compete.
