MPs concerned bank lending practice is stifling entrepreneurship in Australia

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(Image: Commonwealth Bank of Australia)

The Commonwealth Bank of Australia (CBA) has again faced parliamentary scrutiny on Thursday, with the House of Representatives Standing Committee on Economics probing the country’s largest bank over small business lending.

Of particular concern to Liberal MP Craig Kelly is that CBA has responded to the Banking Royal Commission by limiting lending to smaller and riskier businesses.

“It’s absolutely essential that when small business decide to take an entrepreneurial risk and they’re putting their home and assets on the line that they know if something goes wrong that they have fair access to justice,” Kelly said, directing his question to newly appointed CEO Matt Comyn.

“The last thing we want in this nation is where

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