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Assistant Treasurer Michael Sukkar has confirmed the kick-off of the Morrison government’s Regional Banking Taskforce, with consultations open over the next four weeks.
Assistant Treasurer commences taskforce on regional bank closures
19 November 2021
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6 minute read
The Assistant Treasurer, alongside senator Perin Davey, announced on Thursday (18 November) that the Regional Banking Taskforce will aim to better understand the impacts of branch closures and how Australians are accessing banking services.
The taskforce will also aim to help improve banking services and accessibility where branches have closed.
Mr Sukkar and Mr Davey, who are serving as co-chairs of the taskforce, have encouraged Australians to contribute their insights into regional bank branch closures by making submissions.
“These submissions will build on the discussions held between senior representatives of banks and other key stakeholders at the Taskforce’s first meeting on 9 November in Sydney,” the pair’s official statement explained.
“The Taskforce will continue exploring potential solutions for maintaining and improving banking services and accessibility with meetings scheduled for December 2021 and January 2022.
“Submissions are invited by email to
The consultation process will open for four weeks with submissions closing 18 December 2021, the statement added.
“The Regional Banking Taskforce and the Liberal-National Government’s ongoing support for rural and regional communities is part of our economic plan to support the recovery and keep Australians together,” the statement said.
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