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 Banks and other lenders have been put on notice by the corporate watchdog, after it found significant flaws in credit standards in the booming interest-only mortgage market.
Clancy Yeates ANZ Bank chief executive Mike Smith says the bank is treating hotspots in the Sydney and Melbourne housing markets "very cautiously."
Clancy Yeates ANZ Bank says it is sharpening its focus on keeping costs under control and capital management, as it faces a "challenging" global banking environment.
Clancy Yeates The country's biggest lender to landlords has outlined changes requiring new interest-only borrowers to be tested against their ability to make principal, and interest and fees payments.
Clancy Yeates Why banking rules being nutted out in Switzerland could cost Aussie first-home buyers.
Clancy Yeates Our banks can probably satisfy the upward drift in capital requirements without more explicit raisings, analysts say.
Clancy Yeates Lending giant's profitability will probably dip over the coming years.
James Eyers and Clancy Yeates Commonwealth Bank of Australia chief executive Ian Narev says the forces of supply and demand that are propelling house prices in Sydney and Melbourne are likely to persist for "quite some period of...
Clancy Yeates Commonwealth Bank rightly has a reputation as profit-generating machine, but its latest $9.14 billion in earnings also show the engine isn't running as smoothly as it has in the past.
Clancy Yeates Average credit card interest rates have barely budged in recent years, despite the cash rate plunging to a record low of 2 per cent.
Clancy Yeates You can be sure of one thing when the Commonwealth Bank delivers its annual profit results on Wednesday morning: a very big number.
Clancy Yeates National Australia Bank's third-quarter profit rose 9 per cent to $1.75 billion, as it said it expects to book additional provision charges of up to $1.
Clancy Yeates The Commonwealth Bank is expected to join rivals in tapping shareholders for billions in extra funds this week, as banks move to lift their capital buffers against financial shocks.
Clancy Yeates The country's biggest bank is forecast to deliver a full-year profit of $9.1 billion on Wednesday, an increase of about 5 per cent.
James Eyers and Clancy Yeates The spectre of rising bad loans, flat dividends and additional equity raisings to satisfy nervous regulators saw investors wipe $27 billion off the value of the big four banks over the past two days.
Clancy Yeates ANZ shares dropped the most in almost seven years when they resumed trading after unveiling a capital raising and weak profit result.
Clancy Yeates ANZ Banking Group is raising $3 billion from shareholders to boost its capital levels in response to rules requiring banks to be more resilient to financial shocks.
Clancy Yeates CLSA banking analyst Brian Johnson says Brisbane and Perth housing markets are vulnerable to "regional collapse" and CBA would be the most exposed lender to any WA house price correction.
Clancy Yeates Genworth Mortgage Insurance is calling on regulators to give big lenders more incentive to pass home loan risk onto insurers.
Clancy Yeates and Shaun Drummond Westpac will no longer finance payday lenders, a move that will force companies including Cash Converters and Money3 to obtain some of their funding elsewhere.