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Lowe tells banks slow payment rollout could limit competition

Reserve Bank governor Philip Lowe last year asked chief executives of the big four banks to confirm they were putting enough resources into rolling out a high-speed payment system, amid concerns the…

  • Clancy Yeates
  • WAtoday

The central bank on Thursday published emails Dr Lowe sent in September to ANZ Bank chief executive Shayne Elliott, Commonwealth Bank chief Matt Comyn, Westpac chief executive Brian Hartzer, and then…

It declined to release the responses from each of the CEOs, saying these were exempt from FOI laws, because they could include commercially-sensitive information, and…

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