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Regional lenders call for financial inquiry to tackle big bank dominance

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Regional banks are urging the government to make lifting the competitiveness of smaller lenders a central goal of the financial system inquiry, saying the probe presents a rare chance to level the playing field. In response to draft terms of reference released last month, Suncorp and Bank of Queensland have sought to ensure concerns about big bank dominance are not subsumed by broader issues such as the economy's funding needs. The...

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