ACCC concerned about lack of competition in retail banking

ACCC Chairman, Rod Sims, has expressed concern about a lack of competition in retail banking and stated that he would be speaking to the Treasurer about the scope of the next regular ACCC inquiry into the sector.

See Clancy Yeates, 'ACCC eyes fresh competition inquiry into big banks' (SMH, 18 September 2019) and John Kehoe, 'Liberals reject ACCC bank inquiry' (AFR, 18 September 2019).