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ANZ's takeover of Suncorp will reduce bank competition – but will that be enough to block it?

By Angel Zhong, Associate Professor of Finance, RMIT University
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Australia has one of the world’s most concentrated banking sectors, with its four biggest banks – Commonwealth Bank, National Australia Bank, Westpac and ANZ – holding more about three-quarters of the market,


Read more: Four pillars or four pillows? Banking's comfy collective


It will become even more concentrated if ANZ – the “minnow” of the big four – completes its plan to buy the banking division of Queensland-based…The Conversation


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