ACCC to push ahead with new banking inquiry despite internal resistance
ACCC to push ahead with new banking inquiry despite internal resistance
The competition regulator is pressing ahead with preparations for a controversial new inquiry into the banking sector despite internal concerns about the probe and a lack of formal approval from Treasurer Josh Frydenberg.
Agenda items for a meeting of the Australian Competition and Consumer Commission’s Financial Services Board on Friday, obtained byTheSydney Morning HeraldandThe Age,outline the regulator’s plans for the inquiry, which has upset the banking sector.