Post Office bank rejected by the Australian Banking Association
by Alison Ryan
Australia needs a public (i.e. government-owned) bank, like the original Commonwealth Bank, which served Australia from 1912 to 1996. Citizens Party is urging the support from Australians for the creation of a Postal bank.
Since Christine Holgate’s removal, Australia Post has descended back into chaos and financial difficulty.
The long-term solution for Australia Post, as Christine Holgate saw, is to permanently combine postal services with banking services by establishing a postal bank, a government bank that operates through post offices.
A postal bank would serve the communities being abandoned by the private banks, support the post office network and LPOs, and force the major banks to compete.
Bob Katter MHR is preparing to introduce legislation into Parliament to establish a postal bank.
To support this win-win economic solution, please get involved in the campaign.
- Citizens are encouraged to contact PM Albanese – to abide by the Senate inquiry report and not appoint Stephen Conroy to the Australia Post board, but appoint representatives of the workforce and the LPOs instead; Click here to contact PM Albanese
- And to contact our federal MP and Senators – to support Bob Katter’s bill for a post office people’s bank. Call and email your federal MP and Senators
- In the “People’s Mandate”, written by Arthur Chresby, Mr Chresby has shown citizens how they can write their MY WILL letters to MPs using the following format:
Dear Prime Minister, Mr Albanese / Federal MP / State Senators,
I know it is my duty to keep you informed of MY WILL on anything that comes before Parliament, or that should come before Parliament.
IT IS MY WILL that you take immediate action …
Video: CREATE A PUBLIC POST OFFICE BANK! – The solution to the closure of local bank branches
Chresby, Arthur (28 January 2018). “People’s Mandate”(PDF)
- Arthur Chresby passed away in Toowoomba in 1985 but his research lives on. Arthur was a former federal Liberal Member for Griffith in Brisbane and was highly sought after across the nation as a speaker on numerous issues including banking and the Constitution.