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'Four pillars' banking policy redundant: Productivity Commission

Commonwealth Bank of Australia CEO Ian Narev
Commonwealth Bank of Australia CEO Ian Narev Source: AAP

The Productivity Commission has questioned the effectiveness of the decades-old "four pillars" banking policy.


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By Evan Young

Source: SBS



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The Productivity Commission has questioned the effectiveness of the decades-old "four pillars" banking policy.


It comes as a banking Royal Commission is scheduled to begin next week, and as bank executives begin to face closer scrutiny.


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