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 Shayne Elliott's time in charge of ANZ will be more focused on squeezing returns out of the business, rather than radically reshaping or expanding it.
Clancy Yeates Incoming ANZ Bank chief Shayne Elliott has signalled a new phase in the bank's overseas expansion, flagging more-judicious use of capital as it faces pressure to lift returns in its Asian business.
Clancy Yeates In total, 8835 CBA customers have registered for a free file review into whether they may be eligible for compensation over bad financial advice.
Clancy Yeates The banks' clampdown on lending to property investors appears to be having an impact, with new figures showing growth in the value of housing investor loans slowing.
Clancy Yeates As finance becomes increasingly digital, analysts at Standard & Poor's have turned their attention to the global banking industry's response to cybercrime.
Clancy Yeates NAB has identified 34 Sydney postcodes where it believes there may be rising risk in the mortgage market, and it will require a deposit of at least 20 per cent.
Clancy Yeates NAB plans to spin off up to 80 per cent of its underperforming Clydesdale Bank to shareholders by the end of the year, and sell the remainder to big investors, in a sharemarket float.
Clancy Yeates Higher share trading volumes helped the country's biggest online broking firm, CommSec, deliver a $77 million in profit and solid revenue growth.
Clancy Yeates Australian financial services companies are being urged to put less emphasis on trying to sell as many products as possible, and instead focus on gaining customers' trust.
Clancy Yeates ANZ Bank economists expect the Reserve Bank to cut official interest rates to a new record low of 1.5 per cent next year.
Clancy Yeates Banks have trimmed the number of branches in the past year, as customers embrace digital banking and lenders face pressure to cut costs.
Clancy Yeates and Carolyn Cummins Banks have trimmed the number of physical branches in the past year, and further closures are expected as customers embrace digital banking and lenders try to cut costs.
Clancy Yeates A senior Treasury official argues banks are able to charge higher interest rates because competition is focused more on rewards programs or balance transfer offers.
Clancy Yeates Some lenders have slashed advertised interest rates by twice as much as the RBA in the past year, new figures show.
Clancy Yeates The four major banks will be forced to cut dividends within three years, Citi analysts predict, citing a likely deterioration charges for bad loans.
Clancy Yeates Would you trust a computer to have your best financial interests at heart?
Clancy Yeates NAB is trying to lure new mortgage customers with frequent flyer points, as banks roll out the perks for owner-occupier borrowers.
Clancy Yeates Westpac chief Brian Hartzer is predicting a long-lasting "services boom" that will help make up for the resources slump.
Clancy Yeates ANZ Bank has been hit hardest by the plunge in major bank share prices this year, as investors fret over its exposure to a slowing economy in China.
Jonathan Shapiro and Clancy Yeates As the US Federal Reserve weighs raising rates this week, RBA assistant governor Guy Debelle has a message to skittish bond traders who complain their market has become a dangerous and illiquid...