Australia's big four banks could share regional hubs with ACCC approval
By Sean Maguire ( October 14, 2026, 05:15 GMT | Insight) -- The Australian Banking Association is seeking regulatory approval for banks to collaborate on regional services and trial up to 10 shared hubs to preserve face-to-face banking in communities without branches. Participation could include Australia's big four banks and other major financial institutions. It would be voluntary, with banks sharing infrastructure costs but continuing to compete independently on prices and products.The Australian Banking Association, or ABA, is seeking competition approval for banks to collaborate on regional banking services and trial up to 10 shared banking hubs....
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