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The regional banking crisis is having unexpected consequences, with a Coles in Western Australia now having to pause cash-out in its store due to excessive demand. The Coles in Kununurra has experienced an increase in demand for in-store cash-out services following the closure of some bank branches in town. Coles says this is a temporary measure only in place at the Kununurra store.
The branch remains open, and the bank says it is working to repair the teller machines as soon as possible. Senate inquiry A Senate inquiry into bank closures in regional Australia was announced in February 2023, with submissions open until the end of this month. A joint submission by RMIT and Swinburne University highlighted the digital divide between capital cities and the rest of the country and the impact this has on communities’ banking abilities.
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