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Government-owned super fund could 'dovetail' with Hayne idea: Costello

Government-owned super fund could 'dovetail' with Hayne idea: Costello

A government-owned default superannuation fund would complement a key reccomendation of the Hayne royal commission, Future Fund chairman Peter Costello says.

  • by Clancy Yeates

Latest

Chief of CBA's Aussie slams 'crazy' broker pay plan
Exclusive
Banking royal commission

Chief of CBA's Aussie slams 'crazy' broker pay plan

Aussie Home Loans chief James Symond warns a "crazy" plan to scrap commissions will force a wave of brokers out of the industry.

  • by Clancy Yeates
Stay the course on cost-cutting, investors tell NAB
Banking royal commission

Stay the course on cost-cutting, investors tell NAB

There will be pressure on NAB, the laggard of the big four, to push ahead with a plan to slash costs and focus on its core.

  • by Clancy Yeates
Politicians and economists will determine whether bank misbehaviour stops
Opinion
Banking royal commission

Politicians and economists will determine whether bank misbehaviour stops

In the wake of the Hayne report on financial misconduct, many are asking whether the banks have really learned their lesson, whether their culture will change and how long it will take. Sorry, that’s just the smaller half of the problem.

  • by Ross Gittins
Home loan hit: ASIC will seek to change laws if it loses key case
Exclusive
Banking royal commission

Home loan hit: ASIC will seek to change laws if it loses key case

Such a move could mean the process for getting a home loan would take longer and many people might struggle to get a home loan in the future.

  • by Sarah Danckert
Bank leadership clearout needed to clean up culture
Banking royal commission

Bank leadership clearout needed to clean up culture

The current executives and boards of the nation's banks are not the right people to repair the financial industry's damaged culture, says Graeme Samuel.

  • by Clancy Yeates and Elizabeth Knight
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Addicted to profits, can banks change their culture?
Analysis
Banking royal commission

Addicted to profits, can banks change their culture?

As with any addiction, the first step to recovery is admitting the problem. Meet the new additions to Earnings Anonymous: NAB's Andrew Thorburn and Ken Henry.

  • by Elizabeth Knight
The rise and fall of Ken Henry: how 'the smartest guy in the room' came undone
Banking royal commission

The rise and fall of Ken Henry: how 'the smartest guy in the room' came undone

Few could have predicted that one of Australia's most decorated public servants would become the biggest scalp of the royal commission into banking.

  • by Jessica Irvine
Best volume of Hayne report is the one that he didn’t bother to write
Opinion
Banking royal commission

Best volume of Hayne report is the one that he didn’t bother to write

It’s the one that seriously invites the question of whether the modern Coalition can seriously pretend to be the better economic managers.

  • by Jack Waterford
Sacking bankers no substitute for long-term reforms
Editorial
Editorial

Sacking bankers no substitute for long-term reforms

The resignations at NAB feel good but what do they change?

'Switching banks is on my list of to-dos': NAB customers reflect on bank's horror week
Banking royal commission

'Switching banks is on my list of to-dos': NAB customers reflect on bank's horror week

The fallout from the banking royal commission has added flame to Annette Emerson’s burning fire to switch banks.

  • by Sumeyya Ilanbey and Nick Bonyhady