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 Southeast Asia's biggest bank, DBS Bank, says the squeeze on the margins that big Australian banks make from lending to large corporate clients is here to stay, as it eyes a larger...
Clancy Yeates, Shaun Drummond, Ben Potter Westpac chairman Lindsay Maxsted says the government's move to scrap plans for a tax on bank deposits has made his day.
Clancy Yeates Westpac is moving away from linking staff pay rises to sales targets, a move unionists are pushing for from rivals ANZ and Commonwealth Bank as they also negotiate employee pay deals.
Clancy Yeates Bendigo Bank and ME Bank are joining rivals in jacking up interest rates for property investors in response to a regulatory clampdown on lending to landlords.
Clancy Yeates Job cuts in the resources sector are causing more households in mining regions to fall behind on their home loans, highlighting the risk to banks from the commodities slump.
Clancy Yeates The banking regulator has played down the case for city-specific restrictions on lending in the booming Sydney and Melbourne property markets.
Clancy Yeates and Misa Han ANZ's Mike Smith says concerns over China's economy are 'overblown' and yields in local stocks made them a 'no-brainer', while Qantas CEO Alan Joyce argued the low oil price would help stimulate the...
Misa Han and Clancy Yeates The wives of Telstra employees are reaping the benefits of the company's flexible work as paid parental leave is becoming the norm for new dads at the telco company.
Clancy Yeates The share prices of each of Australia's major banks are more than 20 per cent down from their 2015 highs, with investors wiping more than $85 billion off their combined market value this year.
Clancy Yeates The Reserve Bank has predicted a decline in the number of automated teller machines, as digital payments allow consumers to make fewer cash withdrawals and avoid pesky fees.
Clancy Yeates A key concern among bank investors in recent weeks has been the prospect of provisions for soured loans rising from historic lows.
Clancy Yeates As banks put the brakes on lending to property investors, customers buying a house to live in are being offered some of the sharpest deals in the market.
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...