Media Release by Senator the Hon Anne Ruston

Cashless Debit Card participants offered more choice in banking

The Morrison Government has entered into a partnership with the Traditional Credit Union to increase banking services options for Cashless Debit Card participants in the Northern Territory.

In December, Cashless Debit Card participants in the Northern Territory will able to choose either the Traditional Credit Union or Indue Limited as their card issuer.

Minister for Families and Social Services Anne Ruston said the Government was committed to ensuring Cashless Debit Card participants were offered a modern banking experience that meets their individual needs.

“The Traditional Credit Union is an Indigenous-owned Mutual Authorised Deposit-taking Institution with a track record of providing banking services designed to meet the needs of Indigenous Australians throughout regional and remote communities in the Northern Territory,” Minister Ruston said. 

“This partnership will allow Northern Territory program participants to do all their banking in one place with the Traditional Credit Union able to offer seamless support across both Cashless Debit Card and standard accounts.

“This includes access to Indigenous staff who speak Indigenous languages in branches in 12 remote communities, support centres in Katherine and Darwin and in their call centre.

“We are also pleased that the partnership is also assisting the Traditional Credit Union to offer additional opportunities to deliver on its work in supporting Indigenous employment and training.”

The Government will continue working with communities and their leaders to identify critical issues and support needs in communities where the Cashless Debit Card operates. 

More information about the Cashless Debit Card is available on the Department of Social Services website.