Antitrust Antitrust

Big-four banks' dominance encourages regulatory 'group think,' industry group says

By Ryan Cropp
  • 29 Jun 2023 07:24
  • 29 Jun 2023 07:24
The dominance of Australia’s big four banks has led to regulatory “group think” that puts smaller banks at a competitive disadvantage, according to an industry group representing credit unions, mutual banks and building societies.
In a submission to the Australian government’s inquiry into economic dynamism and competition, the Customer Owned

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