The banking industry today qualified for a preview of top level talking points regarding in the government's budget, released tomorrow night, all aimed more to pacify the politics around the industry than engage.Treasurer Scott Morrison briefed the selected measures via the Financial Review today, premised on big bank "barriers ... preventing customers getting a better deal and being able to secure that."Two measures in the AFR report today include: an open data policy. the green light for a Productivity Commission inquiry into the state of competition into the Australian Financial System, a step lifted from the 2014 Financial System Inquiry.The second item the AFR report took to be more contentious. It said the terms of reference concerns "the level of contestability and concentration in key segments of the financial system, including the degree of vertical and horizontal integration ... and its implications for competition and consumer outcomes".This would include addressing the issue of banks having both retail and wealth arms.The commission will also look at removing innovation barriers to competition, the regulatory regime and the treatment of small and medium business by banks. The inquiry will report to the government by July 2018, or in early 2019.