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ABC News
ABC News
Business

Australian banks close hundreds of branches and ATMs as services move online

Australia ING Julia Angrisano APRA Westpac

More than 1,600 bank branches closed nationally in the past six years, new data shows, with 309 branches axed in the last financial year alone. 

The latest data from the Australian Prudential Regulation Authority (APRA), released on Wednesday, revealed in the financial year ending June 2022, 96 branches closed in NSW, 57 closed in Queensland, and 88 closed in Victoria.

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