About this inquiry

The Standing Committee on Economics will inquire into and report on a review of Australia's four major banks.


Past Public Hearings

06 Oct 2016: Canberra, ACT
05 Oct 2016: Canberra, ACT
04 Oct 2016: Canberra, ACT

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Inquiry Status

Completed

Accessibility

If you require any special arrangements to enable you to participate in the Committee's inquiry, please contact the Committee Secretariat.

Further information regarding accessibility can be found at www.aph.gov.au/Help/Accessibility

Terms of Reference

The Treasurer has asked the committee to hold public hearings at least annually with the four major banks focusing on:

 

  • domestic and international financial market developments as they relate to the Australian banking sector and how these are affecting Australia

  • developments in prudential regulation, including capital requirements, and how these are affecting the policies of Australian banks

  • the costs of funds, impacts on margins and the basis for bank pricing decisions, and

  • how  individual banks and the banking industry as a whole  are responding to issues previously raised in Parliamentary and other inquiries, including through the Australian Bankers' Association's April 2016 six point plan to enhance consumer protections  and  in response to Government reforms and actions by regulators.

Committee Secretariat contact:

Committee Secretary
Standing Committee on Economics
PO Box 6021
Parliament House
Canberra ACT 2600

Phone: (02) 6277 4587
Fax: (02) 6277 4774
economics.reps@aph.gov.au

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