Business

Clancy Yeates

Clancy Yeates writes on business specialising in financial services. Clancy is based in our Sydney newsroom.

Australia's banks will need to raise up to $130 billion on debt markets in 2017, analysts predict.

Customers could suffer as bank costs rise

Australian banks are predicted to face escalating costs when they borrow up to $135 billion from big investors his year, a trend that could prompt further moves to pass on the extra expense to customers.

AFIC managing director Ross Barker is not anticipating dividend cuts from the banks.

Bank shareholders will still win this year

One of Australia's largest bank investors believes the big four can maintain their dividends this year, despite the challenges of lacklustre credit growth and stiff competition..

Stephen Sedgwick is so far unconvinced there is a case for a broad ban on banks paying their staff "product based payments".

The bank bonus schemes that put customers at risk

The most aggressive incentive schemes still being used by some banks to boost sales by staff are putting customers at risk of being sold inappropriate products, an industry-funded review has suggested.