1 00:00:00,120 --> 00:00:05,160 Speaker 1: Australia's banking watchdog has publicly sanctioned Westpac over the bank's 2 00:00:05,160 --> 00:00:09,039 Speaker 1: southern branch closure in Tenant Creek now in September. Back 3 00:00:09,080 --> 00:00:12,320 Speaker 1: in twenty twenty two, hundreds of Westpac customers in Tenant 4 00:00:12,360 --> 00:00:15,560 Speaker 1: Creek and surrounding remote communities were alarmed to find that 5 00:00:15,600 --> 00:00:19,560 Speaker 1: their local branch had closed without notice. For some that 6 00:00:19,680 --> 00:00:23,320 Speaker 1: change meant that they'd turned to online banking or changing banks, 7 00:00:23,360 --> 00:00:25,840 Speaker 1: but for others it meant a loss of face to 8 00:00:25,920 --> 00:00:29,320 Speaker 1: face banking left them unable to access their money. Now 9 00:00:29,400 --> 00:00:32,280 Speaker 1: joining me on the line is the Member for Barkley, 10 00:00:32,440 --> 00:00:35,000 Speaker 1: Steve Edgington. Good morning to you, Steve. 11 00:00:36,800 --> 00:00:38,920 Speaker 2: Good morning and Katie, and good morning to all the listeners. 12 00:00:39,040 --> 00:00:42,320 Speaker 1: Now, Steve, what did the closure of the Westpac bank 13 00:00:42,479 --> 00:00:45,160 Speaker 1: mean to locals at the time that this happened. 14 00:00:46,960 --> 00:00:51,040 Speaker 2: Well, it had a significant impact on Tenant Creek residents 15 00:00:51,080 --> 00:00:55,720 Speaker 2: and of course the surrounding communities in the Berkley. As 16 00:00:55,720 --> 00:00:58,320 Speaker 2: I said back in I think it was September twenty 17 00:00:58,400 --> 00:01:03,120 Speaker 2: twenty two. The bank was virtually open one day and 18 00:01:03,200 --> 00:01:07,000 Speaker 2: closed the next. And look under the I think there's 19 00:01:07,000 --> 00:01:10,000 Speaker 2: a closure protocol as well as the banking Code of 20 00:01:10,040 --> 00:01:13,200 Speaker 2: Practice that what should have happened, There should have been 21 00:01:13,240 --> 00:01:17,800 Speaker 2: twelve weeks written notice of a bank closing, and the 22 00:01:18,120 --> 00:01:23,520 Speaker 2: Westpac Corporation clearly didn't abide by those the Code of 23 00:01:23,520 --> 00:01:26,680 Speaker 2: Conduct and the Code of Practice in regard to closure 24 00:01:26,680 --> 00:01:31,120 Speaker 2: of banks. So what really happened was that people were 25 00:01:31,200 --> 00:01:34,200 Speaker 2: virtually told, well, you can just go over to the 26 00:01:34,200 --> 00:01:36,800 Speaker 2: post office and do your banking there, So there was 27 00:01:36,840 --> 00:01:40,840 Speaker 2: a complete loss of face to face the banking and 28 00:01:40,920 --> 00:01:47,840 Speaker 2: customer service. Many people in the Barklay, particularly the vulnerable residents, 29 00:01:48,080 --> 00:01:51,840 Speaker 2: don't have access to the Internet. Many of those vulnerable 30 00:01:51,880 --> 00:01:54,840 Speaker 2: residents don't even have a telephone to do telephone banking, 31 00:01:54,960 --> 00:01:59,000 Speaker 2: so the impact overnight was quite substantial. 32 00:01:59,360 --> 00:02:02,000 Speaker 1: I bet it, and I know that Tenant Creek or 33 00:02:02,200 --> 00:02:04,240 Speaker 1: I get the sense, and I'm sure our listeners will 34 00:02:04,240 --> 00:02:06,160 Speaker 1: correct me if I'm wrong, but I get the sense 35 00:02:06,200 --> 00:02:08,720 Speaker 1: that Tenant Creek is really not the only location where 36 00:02:08,760 --> 00:02:11,120 Speaker 1: this has happened. You know, we've sort of seen in 37 00:02:11,800 --> 00:02:15,440 Speaker 1: different more regional towns around Australia where banks have made 38 00:02:15,520 --> 00:02:19,320 Speaker 1: those decisions to not continue operations. But it has a 39 00:02:19,480 --> 00:02:22,480 Speaker 1: huge impact on locals that live in those towns. So 40 00:02:22,560 --> 00:02:24,639 Speaker 1: I get that they're you know, I get that they're 41 00:02:24,639 --> 00:02:28,400 Speaker 1: commercial decisions that get made, but you sort of just 42 00:02:28,480 --> 00:02:32,079 Speaker 1: wonder about that customer service, and you know that that 43 00:02:32,240 --> 00:02:37,480 Speaker 1: loss of face to face banking for locals. 44 00:02:39,160 --> 00:02:42,280 Speaker 2: Well exactly, And I think since the closure of the 45 00:02:42,560 --> 00:02:46,239 Speaker 2: Tenant Creek branch, my understanding is that the Catherine branch 46 00:02:46,280 --> 00:02:51,120 Speaker 2: has also closed. But in regard to that face to 47 00:02:51,200 --> 00:02:54,840 Speaker 2: face it's as if Westpack has really lost touch with 48 00:02:54,960 --> 00:02:58,960 Speaker 2: the grass roots customers, the day to day customers that 49 00:02:59,000 --> 00:03:02,280 Speaker 2: are going in there managing a cash account or a 50 00:03:02,320 --> 00:03:05,640 Speaker 2: savings account or a chech account. We're talking about small 51 00:03:05,639 --> 00:03:09,160 Speaker 2: amounts of money where people need to sometimes have that 52 00:03:09,200 --> 00:03:11,720 Speaker 2: face to face service. They may not have their key 53 00:03:11,760 --> 00:03:14,600 Speaker 2: card with them, they can talk to somebody over the counter, 54 00:03:15,080 --> 00:03:17,720 Speaker 2: access their account, find out how much money is in 55 00:03:17,760 --> 00:03:22,200 Speaker 2: their bank account, and withdraw deposit money there on the spot. 56 00:03:22,320 --> 00:03:25,640 Speaker 2: So the loss of that face to face service was 57 00:03:26,280 --> 00:03:29,880 Speaker 2: a huge impact because the reality is that whilst you 58 00:03:29,960 --> 00:03:34,480 Speaker 2: can withdraw money at the post office, that simply can't 59 00:03:34,520 --> 00:03:38,400 Speaker 2: happen unless you're there with your key card, identification, a 60 00:03:38,440 --> 00:03:41,240 Speaker 2: whole range of things. So that face to face service 61 00:03:41,280 --> 00:03:45,000 Speaker 2: has really been a huge loss and people are still suffering. 62 00:03:45,240 --> 00:03:50,040 Speaker 2: Katie and many people have tried to work around the closure. 63 00:03:50,760 --> 00:03:54,040 Speaker 2: Some of the customers have eventually transferred to the A 64 00:03:54,160 --> 00:03:57,720 Speaker 2: and Z branch Intenet Creek, which is the last bank 65 00:03:57,760 --> 00:04:00,440 Speaker 2: intended Creek. So people are still work looking through it 66 00:04:00,480 --> 00:04:01,080 Speaker 2: as we speak. 67 00:04:01,520 --> 00:04:05,680 Speaker 1: Now, tell me what so from yesterday, obviously this Lenkedy investigation, 68 00:04:06,320 --> 00:04:10,280 Speaker 1: the Banking Code Compliance Committee then found that Westpac had 69 00:04:10,320 --> 00:04:13,800 Speaker 1: breached its obligations in a serious and systemic manner over 70 00:04:13,840 --> 00:04:17,240 Speaker 1: its sudden departure from Tenant Creek. Has there been much 71 00:04:17,279 --> 00:04:25,640 Speaker 1: reaction to that yesterday from the Tenant Creek locals. 72 00:04:23,600 --> 00:04:26,960 Speaker 2: Well, there has been, and I did note that some 73 00:04:27,040 --> 00:04:29,400 Speaker 2: of the locals did speak with the media about that. 74 00:04:29,920 --> 00:04:33,040 Speaker 2: I'm actually up in Robinson River at the moment as 75 00:04:33,080 --> 00:04:36,120 Speaker 2: we speak, which is about one hundred and fifty kilometers 76 00:04:36,120 --> 00:04:39,040 Speaker 2: from Boro Lula. So look, I'll be back there next week. 77 00:04:39,120 --> 00:04:43,559 Speaker 2: But look, the reality is that people are still talking 78 00:04:43,640 --> 00:04:46,280 Speaker 2: about it, day in day out, about the loss of 79 00:04:46,320 --> 00:04:51,679 Speaker 2: Westpact because, as I said, that face to face customer 80 00:04:51,720 --> 00:04:54,640 Speaker 2: service is gone. And the real problem, of course is 81 00:04:54,680 --> 00:04:58,760 Speaker 2: that there are a lot of people that use that 82 00:04:58,839 --> 00:05:02,479 Speaker 2: type of banking service where English is a second or 83 00:05:02,560 --> 00:05:06,440 Speaker 2: third language. So going into the branch certainly helped them 84 00:05:06,440 --> 00:05:09,480 Speaker 2: to navigate some of the systems when dealing with day 85 00:05:09,520 --> 00:05:12,840 Speaker 2: to day banking. But at the time of closure, where 86 00:05:12,880 --> 00:05:18,080 Speaker 2: people couldn't access their money, put a lot of pressure 87 00:05:18,120 --> 00:05:23,800 Speaker 2: on the non government services, particularly Catholic Care, who provided 88 00:05:23,800 --> 00:05:27,760 Speaker 2: some assistance and service to many people around town. But look, 89 00:05:27,800 --> 00:05:30,880 Speaker 2: when people can't access their money, what it really means 90 00:05:30,960 --> 00:05:34,040 Speaker 2: is that they can't access the necessities of life, and 91 00:05:34,040 --> 00:05:37,400 Speaker 2: that's food, drink, and the ability to go and buy 92 00:05:37,440 --> 00:05:40,040 Speaker 2: groceries at the store. So they did have a huge impact. 93 00:05:40,320 --> 00:05:42,800 Speaker 1: Now, Steve tell us more broadly, how are things going 94 00:05:43,360 --> 00:05:44,960 Speaker 1: in the Barkley at the moment. I know you said 95 00:05:44,960 --> 00:05:46,680 Speaker 1: you're not intendant at the moment, you're aut in one 96 00:05:46,680 --> 00:05:49,200 Speaker 1: of the community areas, But how are things going at 97 00:05:49,200 --> 00:05:49,640 Speaker 1: the moments? 98 00:05:51,600 --> 00:05:55,400 Speaker 2: Yeah, look, things are going pretty well intented Greek, you know, 99 00:05:56,040 --> 00:05:59,520 Speaker 2: at the moment, particularly around mining. We've got two mining 100 00:05:59,560 --> 00:06:02,280 Speaker 2: projects that are moving ahead at the moment. To one 101 00:06:02,320 --> 00:06:07,560 Speaker 2: of those is Northern Iron, which is a project out 102 00:06:07,600 --> 00:06:10,920 Speaker 2: near Warrigo, which is about fifty five kilometers from Tenet Creek. 103 00:06:11,000 --> 00:06:15,719 Speaker 2: So part of that project will be processing tailings to 104 00:06:15,800 --> 00:06:19,760 Speaker 2: extract the magnetite. There's also another project Tenant Mining, which 105 00:06:19,839 --> 00:06:23,160 Speaker 2: is on the eastern side of Tenant Creek, and part 106 00:06:23,200 --> 00:06:27,080 Speaker 2: of that project will be doing some more mining around 107 00:06:27,240 --> 00:06:29,640 Speaker 2: what's called Nobles Knob, which is an open cup mine 108 00:06:29,640 --> 00:06:34,240 Speaker 2: that's sat dormant there for twenty five nearly thirty years. So, 109 00:06:35,720 --> 00:06:39,640 Speaker 2: you know, we're very positive about those projects and hopefully 110 00:06:39,760 --> 00:06:43,680 Speaker 2: what we'll see is the creation of jobs for local people. 111 00:06:44,320 --> 00:06:45,000 Speaker 2: Hey tell me. 112 00:06:45,480 --> 00:06:48,520 Speaker 1: Obviously you're out and about driving around as well. Any 113 00:06:48,600 --> 00:06:51,200 Speaker 1: updates on the Berkeley Highway. We've been told that there's 114 00:06:51,320 --> 00:06:54,080 Speaker 1: quite a bit of damage around the place along the highway. 115 00:06:54,160 --> 00:06:59,720 Speaker 2: Still, Yes, I drove along the Berkeley Highway on Sunday 116 00:07:00,520 --> 00:07:06,000 Speaker 2: to travel to Bora Lula. The area that's substantially damaged 117 00:07:06,120 --> 00:07:10,640 Speaker 2: is it's roughly about a fifty kilometer stretch between Three 118 00:07:10,640 --> 00:07:13,800 Speaker 2: Ways and the Berkley Homestead. Most of that damage is 119 00:07:13,840 --> 00:07:17,800 Speaker 2: on towards the Stuart Highway, and so the first fifty 120 00:07:17,880 --> 00:07:22,160 Speaker 2: kilometers from three Ways is substantially damaged. Look, my understanding 121 00:07:22,200 --> 00:07:25,960 Speaker 2: is that contractors are about to start on the repairs, 122 00:07:26,000 --> 00:07:28,560 Speaker 2: and that's really good to see. So I do know 123 00:07:28,680 --> 00:07:32,720 Speaker 2: that the staff in Dipple have been working hard to 124 00:07:32,760 --> 00:07:37,040 Speaker 2: get that project moving and recently I heard from a 125 00:07:37,120 --> 00:07:40,000 Speaker 2: contractor that that repairs will be underway pretty soon. 126 00:07:40,600 --> 00:07:43,080 Speaker 1: Well, Steve Edgington, good to speak with you this morning. 127 00:07:43,400 --> 00:07:45,160 Speaker 1: Appreciate your time and no doubt we'll talk to you 128 00:07:45,200 --> 00:07:45,760 Speaker 1: again soon. 129 00:07:48,160 --> 00:07:50,480 Speaker 2: Thank you, Katie, and good morning to all the listeners. 130 00:07:50,520 --> 00:07:51,360 Speaker 1: Thank you,