Clancy Yeates

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

South Australia's bank tax could mark a new phase in the toxic relations between banks and government.

As bank wars escalate, shareholders are the losers

Paul Keating's classic line "never get between a Premier and a bucket of money" has new relevance for the countrys five biggest banks, after South Australia decided to whacked its own tax on them last week.

John Neal's bonus was cut by $550,000 after not informing the company's board of his relationship with his executive ...

QBE shares dive as it downgrades profits

QBE Group has dealt a blow to investor confidence in its turnaround, flagging a hit in its emerging-markets business that is forecast to wipe up to $US100 million off its bottom line.