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Showing 1 - 6 of 6 results for "Mark Degotardi"

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... removed once a surplus is reached, they said. Conversely, the Customer Owned Banking Association chief executive Mark Degotardi told the Senate committee the levy was a "modest step" towards reducing the unfair funding cost enjoyed by the major banks. ...

Government fintech agenda spotlights microbanking

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... choice, lower prices and better service for Australian customers." Customer Owned Banking Association chief executive Mark Degotardi was positive about this news, saying: "We welcome the Government's announcement that ADIs with less than $50 million ...

Treasurer launches new financial system inquiry

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... taxpayers in the form of an implicit guarantee that significantly lowers their cost of funding," COBA chief executive Mark Degotardi said. Such problems can be addressed by the PC, as well as empower consumers to find the best savings account, credit ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
... Customer Owned Banking Association was more amenable to the provisions to improve competition. COBA chief executive Mark Degotardi argued: "Based on certain assumptions, and comparing a major bank to a competitor using the 'standardised' regulatory capital ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
... level of regulation and resources required for ASIC." However, Customer Owned Banking Association chief executive Mark Degotardi disagreed, suggesting ASIC's costs should only be subsidised by institutions "responsible for the scandals" - in his view ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
... market share to smaller competitors would, according to the Customer Owned Banking Association. COBA chief executive Mark Degotardi argued in a statement that while penalties for past misconduct may deliver justice to victims, the only way to change ...
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