Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 4BC account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 4BC content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 4BC online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

CBA agrees to $110-million deal with Australia Post

Deborah Knight
Article image for CBA agrees to $110-million deal with Australia Post

The Commonwealth Bank has agreed to a $110-million deal to keep banking services running at Australia Post branches.

CBA has signed a five-year agreement which will see the bank pay $22 million year to support basic banking services at Australia Post.

It comes as the Royal Banking Commision saw almost 200 bank branches close across the country, particularly in rural and regional areas.

It left many communities with no local bank branch.

Australia Post CEO Christine Holgate tells Ross Greenwood she’s “hopeful” all of the big banks will sign up.

“If all our major banks were prepared to sign up then actually it would create $500 million of additional investment.

“That would be pretty incredible.”

Ms Holgate says the investment is crucial and would allow for “all Australian communities” to access important financial services locally.

Click PLAY below to hear the full interview 

Deborah Knight
Advertisement