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The Federal Government has announced further details of the Bank@Post programme.
Bank@Post was first announced as part of the Coalition's postal policy document. Bank@Post was designed to be a programme to extend banking services to rural and remote communities. This followed community need and much lobbying by POAAL to obtain wider services for manual Licensed Post Offices.
266 LPOs have been earmarked for the new service, the majority of which are in rural and remote areas.
It is hoped that this service will increase business, increase foot traffic and improve the bottom line of these selected Licensed Post Offices.The programme will be administered by the Department of Transport and Regional Services (DoTARS). DoTARS also administered the rollout of the Rural Transaction Centre Programme, a large number of which were installed in manual rural LPOs.
