The government is following the Guidance on Caretaker Conventions while we wait for the 2025 federal election results.
Establish taskforce with Reserve Bank to monitor and enhance ATM competition reforms
Launch Bank on a Better Deal — community awareness and education campaign
Fast-tracking legislation to get a better deal for Australians with credit cards
Empower ACCC to investigate and prosecute anti-competitive price signalling
Introduce mandatory key facts sheet for new home loan customers
Boost consumer flexibility to transfer deposits and mortgages
Ban exit fees for new home loans
Stream Three: Secure the long-term safety and sustainability of our financial system
Stream Two: Support smaller lenders to compete with the big banks
Stream One: Empower consumers to get a better deal