3549 (2024). Arena Williams to the Minister of Commerce and Consumer Affairs

3549 (2024). Arena Williams to the Minister of Commerce and Consumer Affairs: Does the Minister agree with the Commerce Commission, in its draft report released 21 March, that "Over 20 years on from the last merger where we considered competition in the banking sector (the ANZ/National Bank merger), we observe a different competitive dynamic. None of the major banks appears currently to be acting as a disruptor in a sustained way."?

Hon Andrew Bayly: The final report will be published in August, and I will reserve judgment until then.