Unemployment hits record low, but less people looking for work
While the unemployment figure dropped to 3.9 per cent, only 4,000 new jobs were created and 7,000 people gave up...
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Small banks believe a lack of competition is contributing to inappropriate conduct by bigger rivals and poor quality products for their customers.
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.