CBA to contribute more to Bank@Post

POAAL welcomes today’s announcement that the Commonwealth Bank of Australia will contribute more to fund banking services at Australia Post’s network of post offices.The Licensees who are doing the hard work for Australia Post and the banks deserve to be compensated more. We look forward to seeing this new funding flow through to the small business owners who operate Australia Post’s LPO network.POAAL urges the other three major banks to join this initiative – especially as they continue to close bank branches.POAAL has spoken with Australia Post CEO Christine Holgate, and we wait to see full details of these proposals.