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

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Laurel Henning

Senior Correspondent

Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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