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Treasurer Jim Chalmers announces $6.3m in funding to stop banks closing in the Pacific

Pelican Press

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Treasurer Jim Chalmers announces $6.3m in funding to stop banks closing in the Pacific

The Albanese government has called on major *********** banks to continue operations in Pacific countries, amid fears the withdrawal of services would allow China a way in to increase its influence in the region.

The importance of continued operation and multilateral collaboration between Australia and the Pacific will be addressed by Treasurer Jim Chalmers in his keynote address at the Pacific Banking Forum on Tuesday, calling on the private sector to do its bit.

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#Treasurer #Jim #Chalmers #announces #6.3m #funding #stop #banks #closing #Pacific

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