Hockey switches on to banking's big threat

Canberra is taking its first steps in determining just how big an impact technological disruptors will have on bank profitability in the coming years.

Much of the popular focus on the financial system inquiry launched yesterday by Joe Hockey will be on the major banks and conventional issues of competition, regulation and risk. But within the draft terms of reference lurks another big issue of concern to the sector and regulators.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles