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ANZ customers could be barred from banking at AusPost

Article image for ANZ customers could be barred from banking at AusPost

ANZ customers could effectively be barred from banking at post offices.

The bank has so far refused the terms of a new offer by Australia Post to continue providing banking services to ANZ customers at post offices.

Westpac and NAB have already agreed to the deal, following CBA’s $110-million deal last week.

Australia Post CEO Christine Holgate tells Ross Greenwood banking customers rely on community post offices.

“20km for a small business, well that’s like Sydney’s CBD to the airport and back… it’s a pretty long way to expect for small business to go to, to go and find a branch.”

Ms Holgate is putting the pressure on the bank to do what’s right.

“It’s up for them, whether they want to protect this service for their customers. I really hope they choose to.”

Click PLAY below to hear the full interview 

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