While banks receive billions in handouts from the taxpayer, they are closing bank branches by the dozens in regional communities.
I spoke about this last year in the chamber and hope to address this issue via a Senate committee into regional banking later this year.
The banks have a social licence and they should honour it.
A bank without a public building can not be trusted, it's not in the public's interests not to have a go to bank.
Say hello to government social cashless society & I refuse to use my card anywhere, cash is king wake the fuck up Australia
Keep punching and speaking…thank you.
Keep fighting this!!!! Cash is what Australia is built on… with out it the poor cant trade n make a few $$$ nor buy somethimg on the cheap n help an Aussie out!!!
Why are all the other so called politician’s that represent the people not backing Senator Rennick? Free printed fiat & high interest rates😂 the sheepeople are being sucked in, CBDC👺😢
Yes it is discusting. In my town there are many people who are elderly and cannot travel to the regional centre. In addition to this it prohibits young people I.e. teenagers from depositing cash they have earned into their bank account. Thus disempowering them from exercising the right to financial independence. Additional to this is the assumption that everyone has easy access to and can use internet and devices to manage banking online. Not everyone can! It is disempowering, exclusive and ignorant to remove access to banks in regional centres. The government is not supporting the regional communities as they push ahead with the agenda to CBDC. I strongly believe that CBDC will exclude a great many people and contribute to further societal stratification.
westpac has been closing everywhere and bendigo
I have about 5% of my portfolio in uranium stock, any advice on any other stock that I can grow my $300k capital to a million dollars?
Spot on as always.
It's all planned
Thank you for raising this. We desperately need a bank here in Coober Pedy!
The Westpac closure is going to kill our struggling opal industry.
You are the only politician who seems to give a shit about us.
Neither our State or Federal members have done a thing to reverse this unjustifiable decision by Westpac.
If the government threatened to take their banking license, I bet they would be motivated to keep rural branches open.
The government supposedly monitors and regulates these banking corporations….hard to believe, I know.
Westpac abandoning Coober Pedy is a bold piece of skulduggery when they made over 3.2 BILLION dollars, IN PROFIT, in the first HALF of 2022. You can't afford to run a couple of small rural branches? Really?!
Thank you senator Rennick. Your service is never without recognition and gratitude from us.
I'm sure the banks would turn around and say that they're paying Australia Post to make their banking services available via 'Bank at Post'. Banks should be obliged to either have branches where bank at post services are deficient or rectify those deficiencies in those areas.
Just buy some crypto….it cuts out the banks and keeps up with inflation..
Richard Lawrence Miller – "The Chain Of Destruction". – 1.) Identification, 2.) Ostracism, 3.) Confiscation, 4.) Concentration, 5.) Annihilation.
1) Find the target land.
2) Watch the property prices drop in the coming months.
3) Watch the businesses close their doors because of the lack of cash flow.
4) Watch the residents move away because of the lack of cash flow.
5) Watch the banks, developers. and multinationals take the land at a next to nothing price.
"Divide and Conquer" remember.
"The Chain Of Destruction". – 1.) Identification, 2.) Ostracism, 3.) Confiscation, 4.) Concentration, 5.) Annihilation.
Will have to start our own local bank then.
We should not go to a cashless society
😈 YOU CAN SENSE PURE EVIL 😈 COMING SOON FOR CITIZENS 😈
Yes YES AND yes…. Why is this man or others like him not presenting as candidates for Prime Minister? …. is it beause there are a large consensus that actually want some vague, abstract, unknown authority that they feel will never be able to hold it to a genuine accountability…. to take charge and install a culture where anybody can present or propose a value and relative situation and be supported and qualified because of a majority consensus……………. I wont say like Hitler did………. because there are too many fragile mental cases who will completely implode if somebody takes a stand openly, that is contrary or challenges their fragile perspective of reality……. Senator Rennick should be awarded the most, the highest award to any Australian that has laid their life on the line for Austrtalia!!! SENATOR RENNICK!!!!!! Please, please run for prime minister or help us identify who we can with our whole HEARTS SUPPORT AND TRUST!!!
It's by design. Force people onto internet banking as step 1. Remove banking facilities and neutralize cash transactions step 2. Usher in under the cover of darkness digital currency – step 3. Monitor and take control of personal transactions by customers step 4. Penalize customers financially by withholding services when draconian government rules are not adhered to i.e. driving fossil fueled vehicles not in compliance with Climate reduction policies. Prepare people to fight for your future liberties.
Yup, they not only make money of your money, but we give them free tax dollars.
Only use cash for purchases
The push for cashless societies
Digital ID.
Track .Trace .Control
I can say for sure the accepted transaction currency is moving back to alcohol, favours and fuels in rural, regional and bush communities.
Just like the rum trade of old.
CBDC is coming its all going digital in front of your eyes. USE CASH!
The subtle push for digital money is ongoing.
Australia post fault
About time we The people took control.
YEP … STEAL OUR MONEY AND RUN…..
BANKS GIVEN 180 BILLION OF TAXPAYERS MONEY AT 0.01%…
AND THEN INCREASE RATES FOR THAT SAME MONEY…AND FORCING DIGITAL TYRANNY OF CONTROL AND SERVALLENCE… ALL PLANNED
PUSH FOR ..CASHLESS BS..AND DIGITAL TYRANNY ID…
NO FROM ME.. I USE CASH AND MY LIFE IS NON OF THEIR BUISNESS
that speech will amount to nothing…. why are they getting funding anyway for anything ? .. politicians , banks , councils.. all words no action … my opinion at this point is tripple R rated.
Banks can all go to hell. They are leehces on society and are NOT NECESSARY!! They are behind every moment of pain all nations experience. They are legalised gangsters by our criminal cartel selected governments. They too need to go. We need to cleanse our government and their cronies who allows this theft to happen legally. Australia has gone to the dogs and we pay the price. Banks are finished anyway.
Bravo Sir, thank you for exploring the reality, what is the matter with the Governments ignorance……?? 🫣😖🤬
About time this was called out – the rise in non bank ATM which costs $3.00 per transaction – the Banks made commitments with ATMs when they closed branches – where is that commitment
Sounds to me that they pushing for digital ID the corrupt mongrels
More pushing for digital currency to cripple us all! Good on you for pushing back, Senator.