Cut 'errors, distraction and excess time': NAB's plan to improve

National Australia Bank's most senior bankers this week swapped their city offices for a type of executive road trip.

Climate change a 'material' risk to financial system

Australia's powerful financial regulator has revealed that it views climate change as a "material" risk that it will be giving more attention to in monitoring the health of banks, insurers and wealth managers.

ANZ profit soars to $2b as it reins in costs, bad debts

ANZ Banking Group chief Shayne Elliott says his overhaul of the business is starting to pay off, after a strong first quarter in which profits rebounded by nearly a third to $2 billion compared with a weak period last year.

Bank profit headwinds have faded, not vanished

• ANALYSIS

Scratch beneath the surface of CBA's record profit and it is also clear that Australian banking is by no means returning to its boom days.

CBA posts record half-year profit of $4.9b

The Commonwealth Bank has reported a record interim cash profit of $4.91 billion, up 2 per cent on a year ago.

Labour 'flexibility' has come at a cost: underemployment

• COMMENT

For all the signs that our economy is on the mend, two influential reports on Friday highlighted the soft underbelly of Australia's labour market.

Banks make concessions in Apple Pay fight

Banks caught up in a public brawl with Apple over digital payments have softened their negotiating position slightly.

Property investor blow: Bankwest to ignore negative gearing benefits

Commonwealth Bank-owned Bankwest is further tightening the screws on property investors, no longer taking into account negative gearing tax breaks in new loan applications.

No retreat: ANZ Bank 'regrouping' to target Asian growth

ANZ Bank's institutional chief Mark Whelan has slammed as "ludicrous" the notion that ANZ is turning its back on Asia, flagging a potential lift its investment in the region.