The famed Loro Piana wool bale will produce just 40 of the world's most sought-after suits.
Clancy Yeates reports on banking and finance and is a former Canberra business correspondent.
Clancy Yeates National Australia Bank has cleared another hurdle in its long-running attempt to cut ties to the British economy, selling a batch of troubled loans at a better than expected price.
Clancy Yeates ME Bank will undercut the big banks' record-low five-year fixed mortgage rates.
Clancy Yeates Households are paying off their home loans faster as banks slash interest rates to record lows.
Clancy Yeates Banks continue to cut fixed-rate mortgages as they fight to win new customers, with ANZ and Westpac the latest to reduce key interest rates below 5 per cent.
Clancy Yeates Senior Westpac banker Brian Hartzer says banks should try to act like start-up companies if they are to thrive in an era of sweeping technological change.
Clancy Yeates Three of the country's largest banks have slashed their fixed mortgage rates, fighting to win new customers by allowing borrowers to lock in longer-term interest rates of less than 5 per cent.
Clancy Yeates The Commonwealth Bank has slashed its five-year fixed mortgage rate to a new record low for the lender, a sign competition in the mortgage market remains intense.
Clancy Yeates Big banks are resisting the Australian Prudential Regulation Authority's move to introduce detailed new mortgage lending guidelines, saying the regulator's proposals are too prescriptive in telling...
Clancy Yeates Australian banks' role in helping to fund foreign investment in real estate is coming under scrutiny, as politicians investigate overseas buyers' activity in the housing market.
Clancy Yeates The financial regulator takes its housing market concerns to the boardrooms of the big four.
Clancy Yeates A senior regulator has floated changes to narrow the gap between how much capital major banks and the rest must set aside against home loans, a key complaint of smaller banks.
Clancy Yeates ANZ Bank chief Mike Smith has warned against imposing more rules to make the financial system safer, putting one of the country's biggest banks on a collision course with the government's financial...
Clancy Yeates The strong growth in big bank dividends could be threatened by David Murray's intention to make Australia's largest lenders more resilient in the face of future financial crises.
Peter Martin, Clancy Yeates The financial system inquiry has proposed a revolution in Australia's superannuation system that would vanquish high fees and force people to take more super as income rather than lump sums.
Peter Martin and Clancy Yeates The Financial System Inquiry has proposed a revolution in Australia's superannuation system that would banish high fees and force Australians to take more super as income rather than lump sums.
Clancy Yeates Australia’s big banks could face greater competition from smaller lenders in the $1.3 trillion mortgage market under proposals floated by the government’s financial system inquiry.
Clancy Yeates and James Eyers The federal government's financial system inquiry is considering major changes to the $1.8 trillion superannuation sector to cut the high fees paid by Australians and stop them taking on too much...
Clancy Yeates The first government review into the financial system in almost two decades published an interim report on Tuesday. Here are the ways it will affect you.
Clancy Yeates The funds management industry would face unprecedented pressure to slash fees if the government acts on proposals being considered by its review into the financial system.
Clancy Yeates Australia's banks fear the release of the financial system inquiry's interim report on Tuesday will be overshadowed by Parliament's focus on the government's Future of Financial Advice (FoFA) reforms...