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Consumers lament lack of bank competition

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Australian Broker | 27 Feb 2012, 07:00 AM Agree 0
Nearly two-thirds of Australians believe there isn't enough competition in banking, and say they would consider looking outside the majors for a mortgage
  • Steve | 27 Feb 2012, 12:08 PM Agree 0
    There is less competition now then before the GFC. Many of the brands the consumers seen are subsidiaries of the major 4. Look at Westpac with Bank of Melbourne, Bank SA, St George Bank, Challenge Bank & Ramms - CBA and Bank West, Aussie Home Loans, NAB & Advantage just to name a few.
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