In the heart of regional Victoria, where banks are shutting their doors, Mitch Patullo’s family business, like many small retailers, relies on cash.
Key points:
- No banks remain in this regional north-west Victorian town where many people rely on cash
- The ATM on the main drag and the one in the supermarket regularly run out of money
- A Mildura Rural City councillor is preparing a submission for the inquiry into regional bank closures
The closure of the local Westpac branch in 2017 and Bendigo Bank in 2020 left residents of Red Cliffs in the state’s north-west with limited options for accessing money.
The closest bank is in nearby Mildura, and locals said the Precinct ATM on Indi Avenue has been running dry as often as two weeks per month.
Consequently, the second ATM owned by Next Payments at the IGA on Ilex Street has also been running out of cash due to the increase in demand.
Keeping the…
