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today why we should care about bank branch closures and what we can do about it hello again it's Martin North from digital Finance analytics one now this post covering finance and problem is with a distinctively Australian flavor well of course the argument goes like this everybody now does Banking online so branches aren't needed and therefore branches can be closed well that's what the major banks have been saying for some time and in fact the rate of closure has been accelerating recently first they take ATMs away then they reduce the opening hours of the branches and then they say nobody uses them and closes them but we know from our analysis that if you take the last bank out of a community that Branch when it closes reduces the economic activity in the local area not least because particularly in Regional areas cash is still a very important part of Commerce the other point to make is that whilst they also say Well everybody's doing debt banking digitally the truth is there's mor

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