Antitrust Antitrust

Australian banks show signs of 'oligopoly behavior,' competition watchdog suggests

By Laurel Henning
  • 27 Apr 2020 01:25
  • 27 Apr 2020 02:02
Australia’s four largest banks — Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation — have shown signs of "oligopoly behavior," according to an interim report on pricing in the country’s home-loan market by the national competition regulator.

In the report published by the

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