• EXCLUSIVE

The banking lobby has joined calls for the government to examine tax incentives for property investors.

The head of the corporate regulator says he is still uncovering "some pretty appalling things" when conducting surveillance on Australian banks.

Lashing the board for its "appalling" behaviour WAM chairman Geoff Wilson unseats the chairman of Hunter Hall Global Value

"Banks understand that they are swimming against the tide of powerful global forces that can be extremely exhausting and dispiriting".

Banks need to think harder about how they measure customer satisfaction when it comes to rewarding staff, according the head of a government inquiry into banking remuneration.

IAG estimates net exposure to Cyclone Debbie at about $140m as other insurers also count cost.

Home loan costs may rise if new rules forcing banks to holds more capital are not brought in a "steady and organic" way, a senior executive from Westpac has warned

Westpac believes the competition watchdog is suppressing innovation by backing Apple's block on banks' contactless payment apps on iPhones.

• COMMENT

Hats off to Brian Hartzer for the use of understatement by declaring APRA's alleged crack down on real estate investors wouldn't have 'any particular profitability impact'.

• COMMENT

As residents and businesses clean up from the ravages of Cyclone Debbie, a second round of damage is hitting. Now insurers' shareholders and policyholders are feeling Debbie's blast.

Will the latest efforts to cool the housing market address financial stability concerns or slow investor lending? Analysts don't think so.

• EXCLUSIVE

Ex-CBA chairman says breaks for property investors such as negative gearing need to be addressed to cool down the housing market.

The new head of the Australian Banker's Association (ABA) - former Queensland premier Anna Bligh - has hosed down talk of a housing price bubble in her first day on the job.

The corporate watchdog has announced targeted surveillance of lenders and mortgage brokers who are inappropriately spruiking interest-only loans.

The trade-off of tougher lending standards is greater financial stability in Australia, which bank investors welcome.

Silence continues on the hundreds of Australians targeted in an international tax sting in Europe following the raids of Credit Suisse's offices over the weekend.

​Credit Suisse Group, some of its employees and hundreds of account holders are the subjects of a major tax evasion and money laundering probe that spans five countries.

Credit Suisse faces a sweeping tax evasion and money laundering investigation spanning five countries including Australia.

• COMMENT

Australia's largest banks versus Apple; there's no contest.

Home builders have given a mixed reception to the move by APRA to tighten the lending practices on interest-only and investor loans.

• UPDATED

Banks have been slapped with new limits on interest-only and investor lending as the banking regulator responds to heightened risks of rising housing prices and household indebtedness. 

• UPDATED

Australia's big banks will have to go it alone in their wrangle with tech giant Apple over the introduction of iPhone payments in this country.

The widespread flooding in northern NSW has prompted the Insurance Council of Australia to add the region to its catastrophe declaration in the wake of Cyclone Debbie.

• COMMENT

APRA is caught between a rock and a hard place in its attempts to reduce lending risk in the residential property market.

The Australian arm of American giant Citibank has refunded $5 million to around 230,000 customers after it failed to properly disclose credit card fees on international online purchases.

Bank of Queensland boss Jon Sutton says parts of Australia's housing market remain speculative but couldn't be characterised as a 'bubble'.

More borrowers are falling behind for the first time on their mortgage repayments, credit ratings agency Standard and Poor's says.

Life insurers are pushing back against calls for greater regulatory oversight, saying consumers are already being well served by the industry despite a series of scandals that have rocked the sector.

The world is fast moving towards a cashless economy as the Reserve Bank has reveals ATM withdrawals have hit a 15-year low.