1 00:00:00,280 --> 00:00:03,239 Speaker 1: We've been talking about banks and the fact they're rapidly 2 00:00:03,320 --> 00:00:08,240 Speaker 1: disappearing from our local streetscape and out in the northern suburbs. 3 00:00:08,280 --> 00:00:13,880 Speaker 1: There's another one about to go in Golden Grove. In fact, 4 00:00:13,880 --> 00:00:17,120 Speaker 1: the Commonwealth Bank at Golden Grove is set to shut 5 00:00:17,200 --> 00:00:21,439 Speaker 1: its doors mid next month, and a petition that's been 6 00:00:21,560 --> 00:00:24,759 Speaker 1: organized by the local state MP Rhiann and Peas, the 7 00:00:24,800 --> 00:00:28,800 Speaker 1: Member for king has in its first few hours, attracted 8 00:00:29,040 --> 00:00:33,120 Speaker 1: hundreds of signatures. Let's have a chat with Rhiann and 9 00:00:33,120 --> 00:00:36,080 Speaker 1: Piers who is on the line. It was Piers, good morning. 10 00:00:36,479 --> 00:00:38,560 Speaker 2: Good morning, thank you very much for having me today. 11 00:00:38,640 --> 00:00:42,120 Speaker 1: Now this petition, that's amazing the amount of support you've 12 00:00:42,120 --> 00:00:43,879 Speaker 1: got for it already, very very quickly. 13 00:00:45,000 --> 00:00:48,280 Speaker 2: Yes, it has been an incredibly strong response from the 14 00:00:48,320 --> 00:00:52,680 Speaker 2: local community. Lots of people are sharing their different experiences 15 00:00:52,720 --> 00:00:55,160 Speaker 2: about why it's just so important to them, and we've 16 00:00:55,200 --> 00:00:58,440 Speaker 2: hit about five hundred and thirty five to date, so 17 00:00:58,840 --> 00:01:01,600 Speaker 2: certainly something people a feeling very strongly about. 18 00:01:02,280 --> 00:01:04,959 Speaker 1: What is it about this branch, particularly I understand it's 19 00:01:04,959 --> 00:01:07,880 Speaker 1: in a really busy, busy shopping complex, is that right, 20 00:01:07,959 --> 00:01:09,880 Speaker 1: or a busy area at least where it attracks a 21 00:01:09,880 --> 00:01:12,240 Speaker 1: lot of people to that particular vicinity. 22 00:01:13,160 --> 00:01:16,959 Speaker 2: No, it certainly is. So this is the Grove Shopping 23 00:01:17,040 --> 00:01:20,640 Speaker 2: Center or formerly known as the Village, is the centerpiece 24 00:01:20,720 --> 00:01:24,319 Speaker 2: of our local community. It's our main shopping precinct. And 25 00:01:24,360 --> 00:01:28,320 Speaker 2: the Commonwealth Bank has actually been situated at this shopping center, 26 00:01:28,360 --> 00:01:31,560 Speaker 2: I understand, from when it first opened back in two 27 00:01:31,560 --> 00:01:34,839 Speaker 2: thousand and two, so it has been serving our community 28 00:01:34,920 --> 00:01:38,120 Speaker 2: for a really long time. But it's also only one 29 00:01:38,120 --> 00:01:41,640 Speaker 2: of two that's available in all of my electorate as is, 30 00:01:42,280 --> 00:01:44,840 Speaker 2: so we're already quite low on these sorts of services 31 00:01:44,880 --> 00:01:45,959 Speaker 2: in the local community. 32 00:01:46,600 --> 00:01:49,040 Speaker 1: So all right, so another bank branch to go. And 33 00:01:49,120 --> 00:01:51,160 Speaker 1: I suppose if they all go, then what are people 34 00:01:51,160 --> 00:01:53,040 Speaker 1: they're going to do? Have to travel into town or 35 00:01:53,080 --> 00:01:54,120 Speaker 1: somewhere further afield. 36 00:01:55,280 --> 00:01:57,640 Speaker 2: No, certainly, well, for a lot of people in my community, 37 00:01:57,680 --> 00:01:59,720 Speaker 2: it would be about a forty minute round trip to 38 00:01:59,760 --> 00:02:03,240 Speaker 2: get their next closest common Wealth place. Yeah, and when 39 00:02:03,360 --> 00:02:05,880 Speaker 2: we think about even our local businesses at the center 40 00:02:05,920 --> 00:02:09,160 Speaker 2: who rely on their deposits and then their business to 41 00:02:09,200 --> 00:02:13,079 Speaker 2: operate functionally, that's a big proportion of their day that's 42 00:02:13,120 --> 00:02:16,040 Speaker 2: been taken out to cater that in and certainly for 43 00:02:16,160 --> 00:02:19,640 Speaker 2: those who don't drive or aren't able to travel too far. 44 00:02:19,760 --> 00:02:21,160 Speaker 2: It's it's a huge impact. 45 00:02:21,919 --> 00:02:24,640 Speaker 1: It flies in the face of logic by and even 46 00:02:24,680 --> 00:02:27,040 Speaker 1: statements by in this case comm Bank and all the 47 00:02:27,080 --> 00:02:28,960 Speaker 1: banks really that say they want to be there for 48 00:02:29,040 --> 00:02:32,080 Speaker 1: people and have a network of branches and all of that, 49 00:02:32,200 --> 00:02:34,080 Speaker 1: and they keep closing them. It's unreal. 50 00:02:35,000 --> 00:02:38,440 Speaker 2: No, absolutely, and I know a lot of services are 51 00:02:38,480 --> 00:02:42,040 Speaker 2: available online, but not everything is available online, and not 52 00:02:42,160 --> 00:02:45,560 Speaker 2: everybody is able to use those services. And it's really 53 00:02:45,600 --> 00:02:49,000 Speaker 2: important that we continue to have services in communities for 54 00:02:49,040 --> 00:02:51,960 Speaker 2: those that are needing assistance. And this one's actually in 55 00:02:52,000 --> 00:02:54,440 Speaker 2: quite a beautiful location that it's right next to our 56 00:02:54,480 --> 00:02:57,840 Speaker 2: local interchange in the area, so it's highly accessible and 57 00:02:57,880 --> 00:03:00,480 Speaker 2: it's right there next to all our other essential services, 58 00:03:00,520 --> 00:03:03,440 Speaker 2: be able to post office, we have a medical precinc here, 59 00:03:03,480 --> 00:03:06,560 Speaker 2: and we obviously have our grocery stores as well, so 60 00:03:06,639 --> 00:03:09,600 Speaker 2: it's quite a key location in the community. 61 00:03:10,320 --> 00:03:13,560 Speaker 1: It still does look after cash there, I presume until 62 00:03:13,560 --> 00:03:15,320 Speaker 1: it closes. At least it's not one of the ones 63 00:03:15,320 --> 00:03:18,240 Speaker 1: that's gone cash lists, so offering more than just someone 64 00:03:18,240 --> 00:03:19,280 Speaker 1: to talk to about the line. 65 00:03:20,200 --> 00:03:24,240 Speaker 2: Yeah, absolutely is. And it's certainly also with the ATMs there. 66 00:03:24,280 --> 00:03:27,160 Speaker 2: They goes to ATMs don't charge your fee for people 67 00:03:27,200 --> 00:03:29,200 Speaker 2: to be able to take out cash, And one of 68 00:03:29,200 --> 00:03:31,720 Speaker 2: the questions the community has been asking, well, what's to 69 00:03:31,760 --> 00:03:33,800 Speaker 2: happen with them? Are they at least going to stay 70 00:03:34,240 --> 00:03:37,280 Speaker 2: to provide some form of service to the community. There 71 00:03:37,320 --> 00:03:40,280 Speaker 2: aren't any other ATMs within the shopping center. There's two 72 00:03:40,360 --> 00:03:44,200 Speaker 2: associated with the other bank, but they do charge a fee. 73 00:03:44,720 --> 00:03:48,000 Speaker 1: Well, so many branches are big four banks closing four 74 00:03:48,040 --> 00:03:53,080 Speaker 1: hundred branches nationally last year. So it's look said at 75 00:03:53,080 --> 00:03:55,440 Speaker 1: this stage, I mean, I don't know how many signatures 76 00:03:55,480 --> 00:03:57,680 Speaker 1: you need, but even if you've got one thousand and 77 00:03:57,680 --> 00:04:00,040 Speaker 1: two thousand, would it make a difference, do you think so? 78 00:04:00,080 --> 00:04:03,119 Speaker 1: Commonwealth Bank seems pretty intent on doing this regardless. 79 00:04:04,240 --> 00:04:06,400 Speaker 2: I think it's important to show them how strongly a 80 00:04:06,440 --> 00:04:09,560 Speaker 2: community feels about this, but also why they feel strongly 81 00:04:09,600 --> 00:04:12,000 Speaker 2: about it. So what I've been loving is people also 82 00:04:12,080 --> 00:04:14,560 Speaker 2: providing me the reasoning why it's so important to have 83 00:04:14,640 --> 00:04:18,559 Speaker 2: it at this particular location and making those arguments as well. 84 00:04:18,560 --> 00:04:21,440 Speaker 2: But we won't achieve change if we're not working together 85 00:04:21,520 --> 00:04:23,760 Speaker 2: on this, and I think we can make a strong statement. 86 00:04:24,000 --> 00:04:26,080 Speaker 2: We can at least hopefully come to the table and 87 00:04:26,120 --> 00:04:29,479 Speaker 2: see what options are available to them. Sure that we 88 00:04:29,560 --> 00:04:33,239 Speaker 2: do have important services locked in at the shopping center, 89 00:04:33,320 --> 00:04:33,880 Speaker 2: that's for sure. 90 00:04:34,080 --> 00:04:36,960 Speaker 1: Absolutely well. Good on you for starting the petition and 91 00:04:36,960 --> 00:04:39,919 Speaker 1: getting some awareness and hopefully Commonwealth Bank sits up and 92 00:04:40,560 --> 00:04:44,279 Speaker 1: notices this and realizes, Okay, they are in the business 93 00:04:44,320 --> 00:04:48,039 Speaker 1: of making money for shareholders. But see they's not as 94 00:04:48,080 --> 00:04:50,880 Speaker 1: if they don't make any As we know, they make 95 00:04:50,920 --> 00:04:54,279 Speaker 1: big profits. So keeping branches open, you'd think we'd go 96 00:04:54,360 --> 00:04:56,320 Speaker 1: hand in hand with being able to afford to keep 97 00:04:56,320 --> 00:04:58,240 Speaker 1: them open, and so they certainly seem able to do. 98 00:04:58,520 --> 00:04:59,920 Speaker 1: Rhin and Piers thank you for your time. 99 00:05:00,520 --> 00:05:03,159 Speaker 2: No, thank you very much for your support the. 100 00:05:02,920 --> 00:05:05,039 Speaker 1: State member for the seat of King out in the 101 00:05:05,040 --> 00:05:08,560 Speaker 1: Golden Grove area and launching this petition five hundred and 102 00:05:08,560 --> 00:05:13,520 Speaker 1: thirty odd signatures immediately on opening the petition to keep 103 00:05:13,560 --> 00:05:17,200 Speaker 1: the Commonwealth Bank branch at Golden Grove open and functioning 104 00:05:17,320 --> 00:05:20,240 Speaker 1: beyond July twelve when it is set to close Friday 105 00:05:20,360 --> 00:05:23,680 Speaker 1: July twelve at four pm when the doors closed for 106 00:05:23,720 --> 00:05:27,320 Speaker 1: the last time, which is pretty poor really by banks 107 00:05:27,400 --> 00:05:32,719 Speaker 1: making billions birth billions of dollars profit every year and 108 00:05:32,839 --> 00:05:35,719 Speaker 1: their response to thank you very much for the money 109 00:05:35,760 --> 00:05:38,800 Speaker 1: that you entrust them with and pay back in the 110 00:05:38,839 --> 00:05:41,120 Speaker 1: form of interest on your mortgage or whatever it might be. 111 00:05:42,920 --> 00:05:45,440 Speaker 1: Closing the branch you do the business in and maybe 112 00:05:45,480 --> 00:05:49,400 Speaker 1: to loan out from it, keep making repayments to thank 113 00:05:49,440 --> 00:05:51,120 Speaker 1: you very much. Pretty poor