Where we’re at with Parliamentary inquiry on banking competition
ANALYSIS: The past two months have seen 140 submissions, 60 appearing before select committee, and a clear division of opinion between large banks and everyone else.
New Zealand’s lucrative, territorial, and anti-competitive banking sector is increasingly controversial.
In August the chair of the Finance and Expenditure Committee called for public submissions on its inquiry into banking competition, with terms of reference including the state of competition
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