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.
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.
Clancy Yeates Property investors should get used to paying increasingly higher interest rates compared with people paying off a loan on a house they live in, mortgage brokers and experts say.
Clancy Yeates How first home buyers can save a deposit quicker to get into the property market.
Clancy Yeates and Shaun Drummond Non-bank lenders are bracing for a flood of loan applications from housing investors, as a regulatory clampdown forces banks to tighten the screws on landlord borrowers.
Clancy Yeates The red-hot housing investor loan market is expanding even faster than thought, after billions in loans were reclassified as investor mortgages.
Clancy Yeates and James Thomson An official review of lending standards in the red-hot investor property market is set to reveal flaws in how various lenders have been assessing customers for credit.
Clancy Yeates Commonwealth Bank is ramping up efforts to promote the "digital wallet" with a new app tie-up with Westfield shopping centres.
James Eyers and Clancy Yeates NAB's new innovation fund will invest in start-ups to enhance the bank's customer-centric products and applications.
Clancy Yeates AMP Bank will stop writing new loans to property investors and is raising interest rates for landlord borrowers by 0.
Clancy Yeates There is a paradox in the $50 billion credit card market that has left some of our brightest economists scratching their heads.
James Eyers and Clancy Yeates Westpac Banking Corp's information technology systems have prevented it joining the other major banks to raise mortgage interest rates in response to growing regulatory pressures
James Eyers and Clancy Yeates Westpac Banking Corp's information technology systems have prevented it joining the other major banks to raise mortgage interest rates in response to growing regulatory pressures.
Clancy Yeates National Australia Bank is raising interest rates on interest-only home loans, a move it says is aimed at slowing down housing investor credit growth.
Clancy Yeates ANZ and CBA maintain that the regulator's 10 per cent a year cap on housing investor credit growth is a key reason for their moves to raise rates for these customers by 0.27 percentage points.
Clancy Yeates The biggest bank in the country is jacking up interest rates for housing investors, as lenders act to rein in the boom in borrowing by landlord buyers.