Published 3 months ago

Australia Pledges $6 Million Towards Improving Banking in the Pacific

Summary by The Epoch Times

Australia’s government will provide $6.3 million (US$4.3 million) in Commonwealth funds to bolster banking infrastructure building in the Pacific amid ongoing competition with Beijing. The move is set to be announced by Treasurer Jim Chalmers at Brisbane’s Pacific Banking Summit on July 9, where talks will focus on bank closures and shoring up financial stability in the region. “Australian banks like Westpac and ANZ provide vital banking service…

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Australia Pledges $6 Million Towards Improving Banking in the Pacific

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