The Finance Sector Union (FSU) revealed Westpac Group had notified them concerning the shutdowns, which might value 91 jobs.
FSU nationwide secretary Julia Angrisano mentioned the financial institution had closed giant numbers of branches prior to now 12 months “as a means of propping up profits and bonuses for senior executives”.
Costs for the 12 months had dropped 19 per cent.
“It is simply outrageous that Westpac can continually kill off jobs and close branches and nothing is being done to stop them,” Angrisano mentioned.
The union has welcomed the not too long ago introduced Senate inquiry into financial institution department closures, which can delve into the influence of downsizing on regional communities.
“We welcome the CBA’s announcement to pause regional bank closures and we now expect the other banks to do the same,” Angrisano mentioned.
It is not simply regional areas affected by the newest announcement, with quite a few city branches set to shut.
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The newest announcement contains Westpac, Bank of Melbourne, and Bank SA branches throughout NSW, Queensland, Victoria, and South Australia.
The FSU mentioned main banks had beforehand introduced an additional 35 branches throughout Australia would shut between February and June this 12 months.
Nine.com.au has contacted Westpac for remark.
Source: www.9news.com.au
