1 - 011B, 670 Chapel St South Yarra VIC. 3141

Help Save Community Banking

Help Save Community Banking

I, the undersigned Citizen of Victoria note:

1. Community banks have a proud history of supporting local businesses, providing vital and valued access to local banking services where major banks have withdrawn services and providing generous and ongoing grants to deserving local community organisations; and

2. Daniel Andrews and Labor have embarked on an extraordinary and damaging policy to centralise the deposits of all State Government instrumentalities, government schools, public hospitals, cemetery trusts and others at the Sydney-based Westpac Banking Corporation. This will be very damaging to local communities and represent a body blow the central community role of many community banks, both in country Victoria and metropolitan Melbourne.

I therefore call upon the Andrews Labor Government to urgently rethink this retrograde policy and to reverse its plan.