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Ex-Ofgem Director joins OVO - Energy Live News

Ex-Ofgem Director joins OVO - Energy Live News
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Banking all national to ANZ

ANZ is hanging its hat on the Australian Competition Tribunal agreeing that Bank of Queensland, Judo Bank, Bendigo and Adelaide Bank and Rabobank will provide meaningful competition in business banking, should the Tribunal overrule the ACCC and clear the way for ANZ to buy Suncorp Bank.

ANZ Suncorp merger: Lawyers say ACCC submission divorced from reality

The bank’s lawyers told a tribunal that the ACCC made an error in blocking the deal, and changes to the lending sector had only boosted competition.

ANZ sets out five reasons the ACCC was wrong to block Suncorp deal

Submissions published by the competition tribunal reveal the arguments ANZ and Suncorp will make at a hearing next month to get it to overturn the regulator.

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