The laptop's days as the flyer's weapon of choice look just about over.
Clancy Yeates reports on banking and finance and is a former Canberra business correspondent.
Clancy Yeates National Australia Bank chief Andrew Thorburn is asking shareholders to tip in a record $5.5 billion to fund an ambitious plan to sever the bank's troubled ties to Britain and dramatically boost its...
James Eyers and Clancy Yeates National Australia Bank will raise around $5.5 billion in a rights issue and demerge its UK bank, Clydesdale.
Clancy Yeates ANZ Bank has flagged its intention to sell assets, including some of its minority stakes in a clutch of Asian banks, as it vows to boost shareholder returns and meet tougher demands from regulators
Clancy Yeates Shares in the major banks have plunged deeper into correction territory after a weak trading update from the Commonwealth Bank revealed rising costs, narrowing profit margins and increasing loan...
Clancy Yeates The Commonwealth Bank's March quarter profits came in at about $2.2 billion, unchanged from the same period last year, amid higher expense growth and pressure on its profit margins.
Clancy Yeates The Commonwealth Bank is only passing on part of Tuesday's cut in official rates to borrowers, but has taken the unusual step of raising some deposit interest rates.
Clancy Yeates ANZ will reimburse millions of customers a total of $30 million after it miscalculated the interest charged for cash advances on credit cards.
Clancy Yeates and Nassim Khadem ANZ chief executive Mike Smith has backed a discussion about negative gearing as part of the government's review of the tax system.
Clancy Yeates ANZ boss Mike Smith insists the bank can still achieve a target to aggressively lift shareholder returns over the next 18 months, even as the bank faces declining margins, weak growth and the need to...
Clancy Yeates Westpac has triggered a sell-off in bank shares after it disappointed investors by delivering the smallest increase in its interim dividend in five years and reporting no growth in annual profits.
Clancy Yeates Westpac will apply tougher tests to new property investor borrowers when assessing how they would cope with higher interest rates.
Clancy Yeates Westpac has delivered half-year profits of $3.78 billion, unchanged from the same half last year, and will pay a dividend of 93c a share.
Clancy Yeates Australia's major banks are predicted to notch up more than $15 billion in first-half profits, helped by housing-led credit growth and historically low levels of loan losses.
Jonathan Shapiro and Clancy Yeates Almost $20 billion has been wiped off the value of the big four banks by sharemarket investors this week as concerns mount that the prudential watchdog will take aggressive action against...
Jonathan Shapiro and Clancy Yeates The big banks have shed almost $20 billion of value this week, as concerns mount that action will be taken to tackle property speculation.
Banking & Wealth Summit
Ruth Liew and Clancy Yeates The chairman of the Future Fund, Peter Costello, has urged politicians in power to stop messing around with the country's $1.9 trillion superannuation system.
Clancy Yeates The financial regulator is stepping up pressure on some superannuation funds to consider merging, as trustees face tougher rules forcing them to decide if members would be better served through...
Clancy Yeates Revelations of misconduct in the financial services sector cannot be blamed on "bad apples", APRA chairman Wayne Byres says.
Gareth Hutchens and Clancy Yeates Reserve Bank governor Glenn Stevens has warned that people on the verge of retiring are in a "much worse position" than those who retired a decade ago, because global retirement income systems are...
Clancy Yeates Commonwealth Bank chief executive Ian Narev has warned of the importance of ensuring new rivals can manage liquidity.