Banks put profits before people

New Royal Commissioner Kenneth Hayne. Photo: Supplied?

Royal Commissioner Kenneth Hayne has skewered greedy banks and lazy regulators in his three volume interim report released on Friday afternoon.

Banks rally following interim report

The shares of the major banks have soared following the release of the interim report from the royal commission, lifting the benchmark index.

Macquarie CEO Nicholas Moore, is stepping down in November, is listed as a person of interest or suspect in the German case.

Macquarie to be questioned in probe

Nicholas Moore and successor Shemara Wikramanayake are being labelled "persons of interest" in a dividend trading case being investigated by German authorities.

Westpac warns staff on culture

Westpac hauled each of its 40,000 bankers into urgent briefings by CEO Brian Hartzer this week as it tries to get on the front foot ahead of Friday's royal commission interim report.

Opinion

ABC exposes governance crisis

The implosions at the ABC are worrying symbols of the fracturing of the key institutions that are meant to serve Australians and underpin a democratic society.

Chris Bowen questioned the credibility of the petition and said he was happy to meet.

Bowen, Wilson battle over franking petition

Labor has rubbished Geoff Wilson's petition against plans to scrap cash payments for excess franking credits after nine opposition MPs received emails thanking them for signing it.

Entire ABC board under pressure to go

Remaining members of the ABC board are under pressure to resign for backing ex-chairman Justin Milne almost a week after being told he wanted journalists fired for political reasons.

Viewers react while listening to the testimony of Brett Kavanaugh.

Kavanaugh hearing exposes a nation divided

The subject was supposed to be the selection of a new justice on the Supreme Court. Instead Thursday's showdown on Capitol Hill was a raw, scorched-earth confrontation across the nation's most emotionally wrenching divides.

U.S. President Donald Trump walks on the South Lawn of the White House after arriving in Washington, D.C., U.S., on ...

Trump shaken but backs his man

President Donald Trump and his allies were shaken by Christine Blasey Ford's emotional appearance on Capitol Hill, but heartened by Brett Kavanaugh's forceful push-back against the woman who accused him of sexual misconduct.

Mrs May's own version of Brexit, known as the Chequers plan, satisfies neither her party's pro-EU faction, nor the ...

British PM to face down rivals

Brexit ructions and preening leadership rivals will greet British Prime Minister Theresa May when she heads to her Conservative Party's annual conference this weekend.

Personal Finance