a). Using comparison websites is a good way to obtain up-to-date information about financial products and services. Explain some of the limitations of these comparison systems.

(Explain systems that can be accessed to obtain up-to-date information on products, services, and competition).

b).Assume one of the big four banks in Australia introduced a new home loan product which was highly competitive for the other 3 banks. Describe the most likely outcome.

(Describe products and services used by competitors that are similar to those of the organisation).