Antitrust Antitrust

Australian home-loan providers must encourage consumers to seek better deals, report finds

By Laurel Henning
  • 06 Dec 2020 21:02
  • 06 Dec 2020 21:02

Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation could face ongoing monitoring of their home loan offerings, following recommendations to government from the country’s competition watchdog.

In its final report into the home loan market inquiry, the Australian Competition & Consumer Commission,

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