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New legislation to broaden bank competition

All banks will be allowed to call themselves that no matter their size under eased federal government rules to broaden competition.

New legislation to broaden bank competition
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  • Skynews
  • July 18, 2017
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The Turnbull government has released draft legislation to allow any banking business with an authorised deposit-taking institution (ADI) licence to call itself a bank.

Read the full article on Sky News.

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