Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Productivity Commission report scathing of big banks

Federal Treasurer Scott Morrison addresses the Australian British Chamber of Commerce in Sydney, Friday, 3 August, 2018. (AAP Image/Jeremy Piper) NO ARCHIVING

Federal Treasurer Scott Morrison addresses the Australian British Chamber of Commerce in Sydney, Friday, 3 August, 2018. Source: AAP

Australia's big banks have been accused of using their power to exploit customers and strangle competition. A damning report from the Productivity Commission has found the sector is dominated by a handful of players which continue to push up costs.


Published

By Omar Dabbagh

Presented by Tina Vassiliev

Source: SBS




Share this with family and friends


Australia's big banks have been accused of using their power to exploit customers and strangle competition. A damning report from the Productivity Commission has found the sector is dominated by a handful of players which continue to push up costs.


Listen to SBS Russian podcasts here

Follow SBS Russian on Facebook


Latest podcast episodes

Follow SBS Russian

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Russian News

Stream now