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Home > The Mike Hosking Breakfast > David Cunningham: Squirrel Mortgages CEO says an inquiry into banking probably wouldn't create much change
Podcast: The Mike Hosking Breakfast
Episode:

David Cunningham: Squirrel Mortgages CEO says an inquiry into banking probably wouldn't create much change

Category: News & Politics
Duration: 00:03:52
Publish Date: 2023-03-14 18:26:13
Description:

An expert says a probe into banking may not be the fix for issues in the sector.

Latest figures from KPMG show bank profits reached a record high $7.15 billion in the year to September, up 17 percent on the year before.

It comes after the Government voted against a select committee inquiry into banking, instead considering whether to order a Commerce Commission market study.

Squirrel Mortgages' David Cunningham told Mike Hosking an inquiry probably wouldn't create much change.

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