Competition Between Banks

Nov 15, 2010

Q. Do you think there needs to be more competition between Australian banks or is there enough competition?

Total Vote Labor Vote Lib/Nat Vote Greens
There is enough competition 21% 21% 25% 13%
Needs to be more competition 68% 70% 68% 81%
Don’t know 11% 8% 6% 7%

68% believe there needs to be more competition between banks and 21% think there is currently enough competition.

81% of Greens voters believe there needs to be more competition.

Younger respondents are a little more likely to think there is enough competition (27% of aged 18-34) while 76% of respondents aged 55+ think there should be more competition.