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ABC Newcastle mornings – Branch closures, job cuts and the future of Australian banking

I joined Paul Turton on ABC Newcastle Mornings to discuss the banking sector, where ANZ is reportedly set to cut 10 per cent of its workforce, with similar moves from NAB, CBA and Westpac. These cuts reflect the impact of automation and artificial intelligence (AI) on jobs and wages, even as younger generations turn to online and AI-driven businesses. The challenge for banks is finding savings without hurting service or limiting future growth, especially as many customers still rely on branches.

Tune in from 35:15 to catch the conversation: ABC Newcastle Mornings. 

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