Tex Edwards on banking competition inquiry

Banks are confidently claiming there is plentiful competition in their sector, as the government launches a market study into banking.
The Commerce Commission will run the study, which will seek to ensure the market is working well for New Zealanders.
Tex Edwards is the founder of Two Degrees, and is outspoken on business competition.
He isn't so sure of the "nothing to see here" words of the banks. He spoke to Corin Dann.