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Poor banking due to ’lack of competition’

Small banks believe a lack of competition is contributing to inappropriate conduct by bigger rivals and poor quality products for their customers.

Poor banking due to ’lack of competition’
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Poor banking due to ’lack of competition’

In its submission to the Productivity Commission’s inquiry into competition in the Australian financial system, the Customer Owned Banking Association says the sector does not have sustainable competition at the moment.

Read the full article on Sky News.

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