If Turnbull wants to really unleash Australia's potential, he should hire Martin Parkinson.
Clancy Yeates reports on banking and finance and is a former Canberra business correspondent.
Clancy Yeates The banking regulator has taken a fresh swipe at banks' mortgage lending standards.
Clancy Yeates The government this week said the Australian Securities and Investments Commission would investigate the remuneration of mortgage brokers, which wrote more than half of all new home loans.
Clancy Yeates ANZ Bank chief executive Mike Smith has dismissed claims banks will have to raise many billions of dollars more in capital as "fairytales".
Clancy Yeates The banking regulator has been given until the end of next year to ensure Australian banks hold enough capital to withstand financial shocks.
Clancy Yeates It is being trumpeted as the biggest overhaul to our financial system since 1997 - but how will it affect you?
Clancy Yeates Fixed rates appear relatively more attractive than variable ones as borrowers anticipate other banks will follow Westpac rate hike.
Clancy Yeates Interest rates for fixed two and three-year home loans are near record lows, and some smaller lenders continue to cut these rates to compete.
Clancy Yeates The sharemarket has backed Westpac's move to raise $3.5 billion in capital and lift interest rates for home loan customers, and experts believe this could give other banks further encouragement to...
Clancy Yeates Westpac shares have emerged from a trading halt 1.8 per cent higher than their price before the bank last week launched a capital raising, increased interest rates, and delivered its full-year...
Clancy Yeates Edgy home buyers and a crackdown on bank lending to property investors appear to have drained momentum from Sydney's housing boom, the Reserve Bank says.
Clancy Yeates How avocados and bananas are showing the way for the big four.
Shaun Drummond and Clancy Yeates The major banks have rushed to out-do each other on reforms to their own credit card products to protect poor customers in a surprise development from a Senate inquiry looking at whether banks earn...
Clancy Yeates The major banks stand to make an extra $1.25 billion in combined profits if the industry follows Westpac in jacking up mortgage interest rates by 0.
Clancy Yeates Australia's second biggest bank is hiking interest rates for owner-occupiers and investors for the first time in more than three years, a move other banks are predicted to copy, taking more heat out...
Clancy Yeates Westpac's decision to jack up variable mortgage interest rates is more significant than it may appear.
Clancy Yeates Westpac is jacking up all of its variable home loan interest rates by 0.2 percentage points, a move it has blamed on rules forcing it to hold more capital.
Clancy Yeates ANZ Bank will target a broader range of business customers in China beyond lowest-risk clients such as top state-owned business and large multinationals, as part of its long-term plan to profit from...
Clancy Yeates Customers who deal with banks digitally are more satisfied than those who visit branches or use phone banking.
Clancy Yeates Banks are raising less money from domestic and international investors, as market volatility pushes up wholesale funding costs.
Clancy Yeates Home buyers are piling on debt, with new figures showing the average new mortgage is growing even faster than the turbocharged property market.