The source, in his first public comments, said the leaked files could spur thousands of prosecutions related to offshore money laundering and tax evasion.
The chair of the powerful Senate economics references committee has hit out at Commonwealth Bank of Australia chief executive Ian Narev.
Banking has changed dramatically since the global financial crisis, and it is finally affecting shareholder returns.
Macquarie Group has beaten analyst expectations to post a $2.06 billion annual profit, but cautioned next year's result will be "broadly in line" with 2016.
Macquarie Group's chief executive Nicholas Moore hasn't lost his zeal for the top job as he delivered a record annual profit on Friday and cautioned of moderating earnings growth.
The incoming RBA chief has impeccable credentials.
Accountants and wealth advisers predict a spike in risky property borrowing by self-managed super funds because of tougher superannuation rules.
Car financier and vehicle loan broker Eclipx has lifted its first-half 2016 profit by 9 per cent to $26 million, meeting the top end of its guidance to the market at its annual general meeting in 2016.
Cutting interest rates should help household spending, but people won't go and buy a house, says NAB chief Andrew Thorburn.
Labor has put a bomb under the stocks of the car salary packaging industry after it declared it will not meddle with tax breaks the industry relies on as it threatened to before the last election.
Banks have learnt the hard way that what happens on tour can hurt the bottom line.
The self-managed super industry has warned a crackdown on superannuation tax perks will limit saving and push more people on to the age pension, a claim rejected by consulting firm KPMG.
Australia's banks might have ridden on the sheep's back, but they are now getting trodden on by New Zealand's cows.
Macquarie Group's financial planning arm could further improve its handling of client files, a KPMG review for the corporate watchdog has found.
BT Investment Management is combing international markets for professionals to boost its investment ranks.
Westpac says its decision to stop lending to foreigner investors has caused problems for property developers targeting that market.
The parent of Australia's biggest lenders' mortgage insurer cools on the market prospects, citing China and commodities risks.
National Australia Bank kept its dividend unchanged as first-half cash profit rose 6.5 per cent.
Money managers around the world are starting to fear the machine, an international survey shows. Will computers replace them?
Credit Suisse Group is carrying out a fresh round of job cuts in London, shrinking its workforce by about 180 employees this week.
ANZ Bank will benefit to the tune of $80 million by only passing on part of Tuesday's reduction in official interest rates.
Bank profits are expected to take a hit from the Reserve Bank's cut to the cash rate on Tuesday, which is likely to wipe out any gains from rate rises in November.
"Flexibility" measures to help women are fine in principle, but for most women the obstacle to saving more for retirement is finding the extra cash.
Ron Brierley backed buy now, pay later fintech Afterpay got a positive response to its $125 million listing on Wednesday, closing up 25 per cent.
Advocates for wealthy savers and self-funded retirees have condemned new limits on how much people can save in the tax-advantaged settings of superannuation.
Computershare is expected to get a £100 million boost to profits over the next seven years from a major contract it has won from the British government to manage £30 billion of loans.
John Neal, chief executive of QBE Insurance Group, encourages shareholder activists to protest the company's underwriting of fossil fuel risk, saying their voices were "important" in the climate change debate.
Data61 said on Wednesday morning it would collaborate with Treasury over the next nine months to study distributed ledgers, also known as blockchain.
The investment banking giant's first-quarter profit missed analysts' estimates, hurt by weak dealmaking and trading revenue.
ANZ's profit dive on Tuesday and Westpac's disappointing interim result on Monday has vindicated record levels of bank short selling.
A quirk of valuation that has paralysed stock pickers for four years is loosening its grip, though investors might not like what happens afterward.
IG Markets analyse the key things to watch in the market this week. This video was produced in commercial partnership between Fairfax Media and IG Markets.
US stocks advanced to halt a three-day drop, after the smallest jobs gain in seven months fuelled speculation the Fed will look to raise interest rates gradually.
Goldman Sachs raised its iron ore forecasts for the remainder of the year after a surprise rally at the start of 2016.
Iron ore posted the biggest weekly loss in four years after China quelled speculation in raw-materials trading.
That one where a comedian started a ride-sharing app for women and children.
Technology and a veggie patch are all flow-on benefits of this year's budget for one medium-sized firm.