|
|
Inquiry into competition in the banking and non-banking sectors
Inquiry home |
|
Media releases |
Terms of Reference
The Committee should examine competition in the retail banking and non-banking sectors in Australia. The inquiry will pay particular attention to home mortgage products and linked facilities frequently offered to consumers such as credit cards and savings accounts.
- The Committee will undertake a stock take of the Australian retail banking and non-banking
industries, focussing on:
- Recent developments in relation to products, providers and distribution channels;
- the current state of the retail banking and non-banking industries;
- the likely drivers of future change and innovation in the retail banking and non-banking sectors including the continuing impact of technological developments; and
- comparisons with relevant international jurisdictions.
- The Committee will also identify any barriers that may impact on competition in the retail banking and non-banking sectors, and policies to enhance further competition and product choice for consumers.
|
|
