PRESS RELEASE: How to save Glenroy Post Office, and all Post Offices!

The Australian Citizens Party said today that the Albanese government is to blame for Australia Post closing Glenroy Post Office and dozens of others, because it is ignoring the solution that would fund all postal services.
Australia Post’s decision to close Glenroy Post Office has sparked outrage in Melbourne’s northern suburbs, with local political leaders posting angry objections on Facebook.
Local state MLC Evan Mulholland posted: “I’m bitterly disappointed at the decision by Australia Post to close its Glenroy Post Office. So many people in our community rely on this post office for basic services like the paying of bills. When local banks have closed (there’s been a few) they make the excuse that locals can go to their local post office. I’m calling on Australia Post to reverse their decision and for the Federal Labor Government to intervene to stop it closing.”
The local federal Labor MP Peter Khalil posted: “The decision to close the Glenroy Post Office has come as a shock to me and the residents of Glenroy, and we will advocate to reverse this decision….”
The state Labor Member for Broadmeadows Kathleen Matthews-Ward posted: “I’m so furious about Australia Post’s decision to close the Glenroy Post Office. Communities need access to services, especially communities like ours with higher than average people with a disability and people over 80 as well as lower than average internet connection, income and car ownership. It is such a bad decision, I’ll be doing everything I can to see it reversed.”
Merri-bek Mayor Angelica Panopoulos posted in a video: “Hi, we’ve just had word that the Glenroy Post Office is set to close. This is shocking news for so many of us who know the Post Office to be a vital community asset.”
Post Office People’s Bank
ACP Research Director Robert Barwick said today that there was a clear solution to the problem of maintaining essential postal services—establishing a national Post Office People’s Bank.
“Postal services and banking services are both essential services”, he said.
“The banks are closing branches all over Australia, denying communities essential banking services, and (except for ANZ) they are also telling the customers they are abandoning to go to the Post Office to do their banking.
“But with Australia Post also closing Post Offices, these communities are being hit with a double whammy.
“The solution is a dedicated public postal bank, instead of just the private banks using Bank@Post as an agency.
“Postal banks are successful all over the world: By using existing Post Office networks they provide banking services cheaply and efficiently, while the revenue from banking helps to fund postal services—there’s no need to close Post Offices.
“A national Post Office people’s bank would also provide real competition to the Big Four banks—it’s the solution Australia desperately needs.”
Barwick pointed to the banking problems that have beset Australia recently:
• CBA’s severely disruptive national network outage;
• Customers denied cash by ANZ and other banks;
• The acute crisis of customers being fleeced by sophisticated online scams;
• Banks “de-banking” competitors and customers they don’t like;
• Profit-hungry banks gouging customers by immediately raising interest rates on loans but not deposits;
• Banks like NAB defying the Senate inquiry and continuing to close branches.
“A national Post Office People’s Bank is the solution to all these problems”, he said.
“It would be a face-to-face refuge from digital dangers; it would guarantee cash access and payments; it wouldn’t discriminate by de-banking any customers; and it would put service before profit.”
“Glenroy and Australia need this solution now.”

Media Contacts:

Name: Research Director Robert BarwickCompany: Australian Citizens PartyEmail: Phone: 0409014265

About Australian Citizens Party

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The Australian Citizens Party is an independent, federally-registered political party, founded in 1988. It is committed to policies that promote the economic development of Australia for the benefit of all its people, not just the vested corporate interests which have too much influence over the major political parties. It takes its inspiration from the "old Labor" party stalwarts including King O'Malley, who fought to establish Australia's national bank, the Commonwealth Bank, and John Curtin and Ben Chifley, who used the Commonwealth Bank to lead the economic mobilisation that saved Australia in WWII. The ACP fought against the privatisation of the Commonwealth Bank, which has concentrated financial power in Australia in the Big Four banking oligopoly that gouges short-term profits at the expence of Australians and the nation's economic development, and is campaigning to re-establish a national bank, modelled on the old Commonwealth Bank, as a government post office bank which would guarantee face-to-face banking services, and access to cash, for all communities, and break the Big Four banking oligopoly.