Westpac Halts Rural Closures Amid Political Pressure

Westpac Halts Rural Closures Amid Political Pressure
A woman walks past Westpac Bank signage in Melbourne, Australia, on Nov. 2, 2020.William West/AFP via Getty Images
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Westpac will halt regional branch closures during a Senate inquiry examining the exit of banks from rural towns amid mounting political pressure to show good faith to country customers.

A spokesman for Westpac said it would postpone the closure of eight banks in rural areas across the country, and there would be no decisions on the future of other branches during the inquiry.