CommInsure: Scandal to hit CBA brand, again

Clancy Yeates Commonwealth Bank's life insurance scandal is predicted to inflict further brand damage on the country's biggest bank, and could even cause clients of other insurers to question the value of...

ANZ could face class action over alleged interest rate rigging

Clancy Yeates and James Eyers ANZ Bank could face a class action over allegations it rigged one of the most important interest rates in the financial system.

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SocietyOne sees potential to work with banks

Clancy Yeates The new chief executive of SocietyOne says there is potential to work with a big bank.

ANZ sued by ASIC for interest rate rigging

Clancy Yeates ANZ stands accused of trying to rig one of the most important interest rates in Australia's financial system in an explosive lawsuit brought by the corporate watchdog.

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Commonwealth Bank cuts value of credit card reward points

Clancy Yeates Commonwealth Bank customers will need to spend more on their credit cards in order to rack up frequent flyer points.

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Commonwealth Bank joins rivals in raising business interest rates

Clancy Yeates Commonwealth Bank has joined rivals in raising interest rates for business customers, hiking rates on a range of business loans by up to 0.21 of a percentage point.

ANZ Bank CEO Shayne Elliott eyes bigger domestic share

Clancy Yeates ANZ chief executive Shayne Elliott has set his sights on earning a higher share of the bank's profits from domestic consumer and business banking.

Catherine Livingstone joins CBA board

Clancy Yeates One of the country's most powerful business leaders, Catherine Livingstone, has joined the Commonwealth Bank board of directors a week after quitting as chairman of Telstra.

ANZ Bank hires Google executive Maile Carnegie

Clancy Yeates ANZ Bank has appointed the Australian head of Google, Maile Carnegie, to lead a push to improve its technology offering to customers.

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Property investor loan growth near two-year low

Clancy Yeates Loan growth in the housing investor market has dipped to its slowest pace in almost two years.

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Cash Converters cashes in on online payday loans

Georgia Wilkins and Clancy Yeates Cash Converters hopes to cash in on the growing number of Australians turning to the internet for fast cash.

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Cash Converters pulls back in UK

Clancy Yeates and Georgia Wilkins Cash Converters International will pull back significantly in the United Kingdom and wind down its car leasing arm, Carboodle, as it tries to focus on highest-returning activities.

Tougher grind for banks as bad-debt charges tipped to rise

Clancy Yeates Banks have "ridden a wave" of declining bad debts after the global financial crisis, but now the cycle is turning.

Lending

Mortgage brokers AFG and Pepper reject risky lending claims

Clancy Yeates and Shaun Drummond Australia's biggest mortgage broker AFG has hit back at claims some brokers are eroding bank lending standards.

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Who's afraid of a housing bubble? Six graphs that show why you shouldn't panic

Clancy Yeates Contrarian economist Jontathan Tepper this week re-ignited an age-old debate about whether we are in a property bubble, after raising the alarm bell about Australian...

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Sydney house price growth to slow, CoreLogic & Moody's Analytics say

Clancy Yeates After several years of boom-time conditions in Sydney's property market, house price growth in the city will likely slow to 2.2 per cent this year.

Banking industry defends home loan standards

Clancy Yeates The banking industry has hit back at claims of mortgage brokers encouraging borrowers to commit fraud.

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Westpac raises business interest rates

Clancy Yeates Westpac is the latest bank to increase interest rates for business customers and blame the move on higher funding costs, following the lead of NAB and ANZ.

Westpac's Andrew Whitford says Chinese investment in Australia is ramping up

Clancy Yeates China's economic slowdown won't stop its state-owned and private companies investing in Australian assets, says Westpac's China boss