APRA confirms closure of over 400 bank branches in Australia over 12 months
The Australian Prudential Regulation Authority (APRA) confirmed on Wednesday that a major chunk of the nation’s bank branches have disappeared. It comes as 129,000 outraged Australians have called for a guarantee that access to banking will not continue to shrink. APRA found that in the last 12 months to June 2023, a total of 424…