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Competition in the Australian Financial System

Public inquiry

The Australian Government asked the Productivity Commission to undertake a 12-month inquiry into competition in Australia's financial system.

  • Consultation paper 6 Jul 2017
  • Draft report 7 Feb 2018
  • Final report 3 Aug 2018

The consultation paper outlined the broad scope of the inquiry and was intended to assist you in preparing a submission.

Initial submissions were due by 15 September 2017.

Read the consultation paper

The Commission also sought further information and feedback on the draft report.

Submissions were due by 20 March 2018.

Read the draft report

The final inquiry report was handed to the Australian Government on 29 June 2018 and tabled on 3 August 2018.

Read the inquiry report

The Commission reviewed competition in Australia's financial system with a view to improving consumer outcomes, the productivity and international competitiveness of the financial system and economy more broadly, and supporting ongoing financial system innovation, while balancing financial stability objectives.