1 00:00:00,920 --> 00:00:03,240 Speaker 1: Jonesy and Amanda jam. 2 00:00:03,080 --> 00:00:05,200 Speaker 2: Nation down to the Jonesy about of arms to the 3 00:00:05,200 --> 00:00:08,399 Speaker 2: pub test today? Banks going digital? Does this pass the 4 00:00:08,440 --> 00:00:08,960 Speaker 2: pub test? 5 00:00:09,000 --> 00:00:10,680 Speaker 3: This was the story on the news last night. 6 00:00:10,840 --> 00:00:17,320 Speaker 4: Cash was king, dethroned by card smartphones reigning supreme turbocharging 7 00:00:17,360 --> 00:00:21,240 Speaker 4: transactions during the pandemic. It shows customer branch visits are 8 00:00:21,280 --> 00:00:24,520 Speaker 4: down by almost half, with digital banking rising by twenty 9 00:00:24,560 --> 00:00:27,200 Speaker 4: six percent, especially on mobile devices. 10 00:00:28,080 --> 00:00:30,600 Speaker 3: So more and more banks are actually closing. And as 11 00:00:30,640 --> 00:00:32,800 Speaker 3: we saw, we had the optus outage, how do we 12 00:00:32,840 --> 00:00:35,520 Speaker 3: get act? You shut us all right away from our money? 13 00:00:35,520 --> 00:00:37,479 Speaker 3: What's going to happen? Not only that, a lot of 14 00:00:37,479 --> 00:00:40,760 Speaker 3: people like the face to face of having contact at 15 00:00:40,760 --> 00:00:41,160 Speaker 3: the bank. 16 00:00:41,320 --> 00:00:43,600 Speaker 2: What do you think banks going digital? Does it pass 17 00:00:43,680 --> 00:00:44,280 Speaker 2: the pub test? 18 00:00:44,360 --> 00:00:46,720 Speaker 5: No, it doesn't pass the pup testing. Banks are making 19 00:00:46,840 --> 00:00:49,879 Speaker 5: hundreds of millions of dollars. My parents are in their eighties, 20 00:00:50,200 --> 00:00:53,160 Speaker 5: they're being customers of the banks for over sixty seventy. 21 00:00:52,960 --> 00:00:54,920 Speaker 1: Years, and I don't have a smartphone. 22 00:00:55,000 --> 00:00:57,120 Speaker 5: So no, it doesn't pass the pub test. 23 00:00:57,240 --> 00:00:59,640 Speaker 6: Now what I think it does actually because once we're 24 00:00:59,680 --> 00:01:03,040 Speaker 6: the strike and each nobody to get money. 25 00:01:03,520 --> 00:01:07,880 Speaker 7: No, it doesn't even just simple tasks of changing an 26 00:01:07,920 --> 00:01:12,720 Speaker 7: email address. Trying to do it online is ridiculous, and 27 00:01:12,760 --> 00:01:15,360 Speaker 7: then you go through a rigmarole and then they say, oh, 28 00:01:15,400 --> 00:01:16,680 Speaker 7: you have to come into the bank. 29 00:01:17,160 --> 00:01:21,240 Speaker 8: No, because it's too hard for us older people. And 30 00:01:21,600 --> 00:01:24,039 Speaker 8: not only is that I don't have a computer to 31 00:01:24,120 --> 00:01:26,720 Speaker 8: do it all, and I have no idea how to 32 00:01:26,760 --> 00:01:29,520 Speaker 8: work it, and it's much easier for me to go 33 00:01:29,640 --> 00:01:32,080 Speaker 8: to an ATM and get some money out. 34 00:01:32,400 --> 00:01:35,080 Speaker 1: It does, as long as when you go to use 35 00:01:35,120 --> 00:01:38,240 Speaker 1: an ATM there is no ATM fee. But if that's 36 00:01:38,280 --> 00:01:41,080 Speaker 1: what we have to do, we shouldn't be charged to 37 00:01:41,120 --> 00:01:42,119 Speaker 1: be doing it that way. 38 00:01:42,720 --> 00:01:45,440 Speaker 3: That's a good point our option of going into a bank. 39 00:01:45,480 --> 00:01:48,640 Speaker 3: You shouldn't be charged to feed people. Quite passionate about 40 00:01:48,640 --> 00:01:49,440 Speaker 3: that exactly