Clancy Yeates | Canberra Times
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Clancy Yeates writes on business specialising in financial services. Clancy is based in our Sydney newsroom.

More upbeat RBA suggests rates will rise, but there's no hurry
Opinion

More upbeat RBA suggests rates will rise, but there's no hurry

Despite there being plenty of economic gloom, the Reserve Bank has recently been getting more upbeat about the future.

  • by Clancy Yeates

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'Why not litigate?' ASIC vows more civil, criminal cases against banks

'Why not litigate?' ASIC vows more civil, criminal cases against banks

But the challenges of fighting the banks in court was underlined by a Federal Court decision on Friday to fine Westpac a "paltry" $3.3 million

  • by Clancy Yeates
Banks warn rules will push consumers into 'unregulated shadows'

Banks warn rules will push consumers into 'unregulated shadows'

Banks say changes to how they lend to customers it would make it harder for people and businesses to get loans.

  • by Clancy Yeates & Sarah Danckert
Regulator proposes lifting capital requirements for big four banks

Regulator proposes lifting capital requirements for big four banks

The banking regulator says the major banks' funding costs are likely to be nudged higher by a new proposal to boost capital requirements.

  • by Clancy Yeates
Revealed: bank royal commission rap sheets made public

Revealed: bank royal commission rap sheets made public

The big banks had to confess their sins to the Kenneth Hayne to guide his inquiry now those admissions have been released.

  • by Sarah Danckert, Clancy Yeates & John Collett
CBA's focus on profits was an 'imbalance,' its chairman concedes

CBA's focus on profits was an 'imbalance,' its chairman concedes

CBA chairman Catherine Livingstone said this imbalance was 'unacceptable' as too often the focus on profitability left customers worse off.

  • by Clancy Yeates
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CBA books $2.5 billion quarterly cash profit as few loans go sour

CBA books $2.5 billion quarterly cash profit as few loans go sour

Commonwealth Bank unaudited cash profit was about $2.5 billion in the three months through September as charges for bad debts stayed at historic lows.

  • by Clancy Yeates
ASIC wants to be top cop on super beat

ASIC wants to be top cop on super beat

The corporate cop would take the lead in policing conduct in the $2.8 trillion superannuation sector under a proposed shake-up by the country's two top financial regulators.

  • by Clancy Yeates
RBA signals faster growth, fewer jobless as rates held at record low
Updated

RBA signals faster growth, fewer jobless as rates held at record low

Amid weak inflation and soft growth in wages, the RBA has extended a pause on the cash rate that has lasted more than two years.

  • by Clancy Yeates
Westpac expects further house price falls

Westpac expects further house price falls

Banking giant Westpac expects further falls in Sydney and Melbourne house prices, as investors remain hesitant about putting money into the housing market.

  • by Clancy Yeates
Westpac sticking with wealth as compo payouts hit profits
Updated

Westpac sticking with wealth as compo payouts hit profits

Westpac has defended the bank's involvement in key parts of the wealth management sector, such as by providing insurance and investment platforms.

  • by Clancy Yeates