Sign the Petition:
An Australia Post ‘people’s bank’—a win-win solution for the nation
Sign the Petition:
An Australia Post ‘people’s bank’—a win-win solution for the nation
Rein in the big banks—bring back a public bank!
Australia’s banking system is broken. The big banks are an entrenched private cartel that puts profits ahead of people. They close branches, deny services, exploit customers, and hold our economy hostage.
It’s time to fight back—with a public alternative.
The Citizens Party is leading the charge to establish a national postal bank, owned by the people and operated through Australia Post. This public bank will:
✅ Guarantee access to banking in every community, through the existing postal network
✅ Force the big banks to compete on service, not just profit
✅ Provide secure, affordable banking for individuals, families, and small businesses
✅ Invest in the productive economy, not just inflate the housing bubble
For decades, experts and community leaders have warned that Australia’s overreliance on private banks puts our economy and democracy at risk. Since the Commonwealth Bank was privatised in the 1990s, the big banks have:
-
Slashed credit to small businesses and industry
- Fuelled housing unaffordability with speculative lending
- Stripped communities of physical banking access
- Denied services to entire categories of lawful businesses
- Waged war on cash to trap Australians in their system
- Bought political influence to block reform at every turn
Enough is enough.
Sign the petition now to demand a public postal bank!
This is a fight for economic justice, community survival, and national sovereignty. Add your name today.
Petition Summary
We call upon the Australian government to:
Immediately establish a national postal bank—a new “people’s bank” like the original Commonwealth Bank—to operate through Australia Post’s thousands of post offices; and a national development bank to invest in infrastructure and productive industries.
(Click here to read the full text of petition)
“If the Government of the Commonwealth deliberately excluded itself from all participation in the making or changing of monetary policy it cannot govern except in a secondary degree.”
John Curtin
Australian Prime Minister 1941-1945
Rein in the big banks—bring back a public bank!
Australia’s banking system is broken. The major banks are an entrenched private cartel that puts profits ahead of people. They close branches, deny services, exploit customers, and hold our economy hostage.
It’s time to fight back—with a public alternative.
Petition Summary
We call upon the Australian government to:
Immediately establish a national postal bank—a new “people’s bank” like the original Commonwealth Bank—to operate through Australia Post’s thousands of post offices; and a national development bank to invest in infrastructure and productive industries.
(Click here to read the full text of petition)
“If the Government of the Commonwealth deliberately excluded itself from all participation in the making or changing of monetary policy it cannot govern except in a secondary degree.”
John Curtin
Australian Prime Minister 1941-1945
The Citizens Party is leading the charge to establish a national postal bank, owned by the people and operated through Australia Post. This public bank will:
✅ Guarantee access to banking in every community, through the existing postal network
✅ Force the big banks to compete on service, not just profit
✅ Provide secure, affordable banking for individuals, families, and small businesses
✅ Invest in the productive economy, not just inflate the housing bubble
For decades, experts and community leaders have warned that Australia’s overreliance on private banks puts our economy and democracy at risk. Since the Commonwealth Bank was privatised in the 1990s, the big banks have:
-
Slashed credit to small businesses and industry
- Fuelled housing unaffordability with speculative lending
- Stripped communities of physical banking access
- Denied services to entire categories of lawful businesses
- Waged war on cash to trap Australians in their system
- Bought political influence to block reform at every turn
Enough is enough.
Sign the petition now to demand a public postal bank!
This is a fight for economic justice, community survival, and national sovereignty. Add your name today.
PETITION
An Australia Post ‘people’s bank’—a win-win solution for the nation
TO THE HONOURABLE SPEAKER AND MEMBERS OF THE HOUSE OF REPRESENTATIVES
This petition of concerned Australians draws to the attention of the House that:
Australia’s financial system is dominated by a private banking oligopoly that pursues maximum profit at the expense of customers, the community and ethical standards.
The major banks have focussed their lending on mortgages, which has inflated house prices to unaffordable levels, while starving small business, farming and manufacturing of credit. In recent years they have shut hundreds of branches and ripped out hundreds more ATMs in rural and regional Australia and low-income suburbs of the major cities, accelerating the economic decline of many communities. And they have abused their market power to reduce the use and availability of cash and cheques and to deny customers banking services through “debanking”.
Australia needs an alternative, public banking system that provides financial services to all communities and invests in the nation’s future.
We therefore ask the House to immediately establish:
-
a national postal bank—a new “people’s bank” like the original Commonwealth Bank—to operate through Australia Post’s thousands of post offices; and
-
a national development bank to invest in infrastructure and productive industries.
A national postal bank would restore retail financial services to all communities, fully guarantee savings deposits, lend carefully but fairly, maintain cash payments, not discriminate through debanking, and invest surplus deposits in the national development bank to fund job-creating infrastructure and industries.
PETITION
An Australia Post ‘people’s bank’—a win-win solution for the nation
TO THE HONOURABLE SPEAKER AND MEMBERS OF THE HOUSE OF REPRESENTATIVES
This petition of concerned Australians draws to the attention of the House that:
Australia’s financial system is dominated by a private banking oligopoly that pursues maximum profit at the expense of customers, the community and ethical standards.
The major banks have focussed their lending on mortgages, which has inflated house prices to unaffordable levels, while starving small business, farming and manufacturing of credit. In recent years they have shut hundreds of branches and ripped out hundreds more ATMs in rural and regional Australia and low-income suburbs of the major cities, accelerating the economic decline of many communities. And they have abused their market power to reduce the use and availability of cash and cheques and to deny customers banking services through “debanking”.
Australia needs an alternative, public banking system that provides financial services to all communities and invests in the nation’s future.
We therefore ask the House to immediately establish:
-
a national postal bank—a new “people’s bank” like the original Commonwealth Bank—to operate through Australia Post’s thousands of post offices; and
-
a national development bank to invest in infrastructure and productive industries.
A national postal bank would restore retail financial services to all communities, fully guarantee savings deposits, lend carefully but fairly, maintain cash payments, not discriminate through debanking, and invest surplus deposits in the national development bank to fund job-creating infrastructure and industries.
Website: https://citizensparty.org.au Phone: 1800 636 432 Email: info@citizensparty.org.au Postal Address: PO Box 376, Coburg, Vic 3058
Website: https://citizensparty.org.au
Phone: 1800 636 432
Email: info@citizensparty.org.au
Postal Address: PO Box 376, Coburg, Vic 3058
Authorised by Craig Isherwood, Citizens Party, Melbourne.