I'd prefer they took over(privatized) Australia Post. That would immediately give it a massive banking base structure.
Cobb & Co went into receivership in 1911. One hundred years on Telstra could buy what remains of it from Dyson's and complete a troika of Aussie icons. Resurrect it as Mobile banking to all the retirement villages, nursing homes etc. The oldies would love it.
Telstra + Australia Post + Cobb & Co.......... for all your communication and banking needs Australia wide!
growth business required - buy a bank, page-63
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