Regional banks have vented over a cut in their credit ratings that will push up wholesale funding costs for smaller banks.
Clancy Yeates writes on business specialising in financial services. Clancy is based in our Sydney newsroom.
The big four banks expect to pay $965 million combined in extra tax as a result of the government's new bank levy.
Australia's major banks could receive an even bigger advantage in competing with smaller rivals, after Standard & Poor's cut the credit ratings of second-tier banks but excluded the dominant lenders.
Donations of seriously large sums of money are becoming more public and "entrepreneurial".
Some $50 billion has been wiped off the combined market value of Australia's major banks since their highs at the start of this month, as investors eye a more challenging outlook for the big four.
One of the country's biggest mortgage brokers is asking regulators to monitor any moves by banks to cut their commissions, amid speculation these payments could be chopped as banks try to offset the budget's tax hit.
Banks will be forced to hand over sensitive internal documents on their interest rate decisions, including board papers, as the competition watchdog puts home loan pricing under the microscope.
Bank of Queensland chief says the banking tax is a step in the right direction, but it will not meaningfully level the playing field between the major banks and smaller rivals.
Losses on commercial real estate pose a more immediate risk to Australia's banks than developments in the housing market, where regulators are putting the brakes on riskier lending, Fitch Ratings says.
The ability of banks to respond to future financial shocks could be undermined by the government's $6.2 billion bank tax, several of the country's largest lenders claim.