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Want NZ banking to be more competitive? Then make it easier to switch banks

  • Written by The Conversation

The Commerce Commission’s banking market study has concluded more competition is required to reduce the profits of the big four banks. But the report suggests increasing competition may be ineffective unless customers are easily able and willing to switch between banks.

In 2023, the four Australian banks operating in New Zealand made...

Read more: Want NZ banking to be more competitive? Then make it easier to switch banks

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