Australia News

Number of Physical Banking Outlets Drop Another 4.6 Percent Across Australia: APRA

Since 2020, bank branches have declined nearly 33 percent with ATMs dropping 46.5 percent.
Number of Physical Banking Outlets Drop Another 4.6 Percent Across Australia: APRA
The front entrance of a Bendigo Bank branch in Brisbane CBD in Australia on Aug. 28, 2025. Daniel Y. Teng/The Epoch Times
Monica O’Shea
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The volume of physical banking services has declined again across Australia, according to latest figures.

The Australian Prudential Regulation Authority (APRA) revealed numbers have dropped from 3,360 in the year to June 2024, to 3,205 as of June 2025—down 4.6 percent.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]