Banking competition inquiry: MPs struggle to identify silver bullet solutions

Banking inquiry acknowledges it's no silver bullet for competition

The big four banks' focus on lower-risk activities like retail banking would usually see lower returns, but they actually had higher profitability than international peers, it found.

Banking competition inquiry: MPs struggle to identify silver bullet solutions

Parliament’s Finance and Expenditure Committee hasn’t identified new or silver bullet solutions to improving competition in the banking sector, following an...

Report Backs Better Banking Competition

The inquiry examines banking competition with a focus on business and rural banking, as well as lending to Māori entities.

Report backs better banking competition

Finance Minister Nicola Willis has welcomed the release of the Finance and Expenditure Committee (FEC) Inquiry into banking competition today. The inquiry examines banking competition with a focus on business and rural banking, as well as lending to Māori entities. This work will support the Government’s continuing efforts to improve competition in the banking sector, aimed at ensuring there are more effective and efficient services for Kiwis. “…