Original article by James Eyers
The Australian Financial Review – Page: 17 : 13-Jul-17

A Productivity Commission inquiry into competition in the financial services sector will be wide-ranging but focus on banks. It will examine factors such as the effect of banks’ vertically integrated business models on competition and whether consumers ultimately receive the benefits of innovation in the sector. Submissions to the inquiry must be lodged by 15 September, and the Commission’s final report is slated to be completed by mid-2018.

CORPORATES
AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN BANKERS’ ASSOCIATION, BANK OF QUEENSLAND LIMITED – ASX BOQ, BENDIGO AND ADELAIDE BANK LIMITED – ASX BEN, SUNCORP GROUP LIMITED – ASX SUN, ME BANK, KING AND WOOD MALLESONS