National Australia Bank opted out of making $8 billion in loans to large corporations in the past year.
Clancy Yeates writes on business specialising in financial services. Clancy is based in our Sydney newsroom.
More than nine out of 10 chief executives of Australia's biggest 100 listed companies pocketed a bonus last year, the highest proportion since the GFC.
A strategy of investing in the big household names would have been a losing one over the past year.
Borrowers are knocking thousands of dollars off their loans by keeping payments unchanged as interest rates fall.
Banks are increasingly trying to lure credit card customers by throwing in perks such as movie tickets or cash-back deals, as loyalty points schemes become less valuable for shoppers.
The retirement fund for NSW local council workers has dumped ANZ Bank and Commonwealth Bank shares from one of its responsible investment options.
This month's cut in interest rates is already stoking stronger demand for home loans, says Mortgage Choice.
New broker research undermines key arguments made by banks when defending unpopular mortgage rate moves.
Australian banks closed branches at a quicker pace in the year to June, as digital banking grew more popular and lenders faced greater pressure to cut costs.
Retailers including Coles have thrown their support behind a push by several big banks to negotiate as a bloc with Apple over its digital payments service.