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Australia Post has been given regulatory relief by the Federal Government to assist it to continue providing “important” postal services during the COVID-19 crisis.
The Commonwealth Bank's five-year agreement with Australia Post, which will see the bank invest in banking services provided by post offices around Australia, including in regional areas, has led to a call for the other big banks to do their own deals to provide greater banking services in the regions.
Australia Post is claiming an Australia-first with the installation of new advanced Point of Sale systems across 3600 post offices.