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Major banks have been steadily closing branches across Australia citing the popularity of online digital services.
The federal government hopes to receive the necessary feedback to implement a smooth and orderly transition to alternative forms of payment.
The bank’s net operating income soared 12.9 percent to $20.7 billion .
“Between January and November 2024, we’ll be phasing out our cash and cheque services across all our banking and wealth management products,” the bank said.
