Australian banks close hundreds of branches and ATMs as services move online

 More than 1,600 bank branches closed nationally in the past six years, new data shows, with 309 branches axed in the last financial year alone. 

The latest data from the Australian Prudential Regulation Authority (APRA), released on Wednesday, revealed in the financial year ending June 2022, 96 branches closed in NSW, 57 closed in Queensland, and 88 closed in Victoria.

APRA's annual authorised deposit-taking points of presence data followed last month's federal task force report into regional banking.

Read More: https://www.abc.net.au/news/2022-10-19/more-bank-branches-atm-close-nationally-apra-2022/101550794