Australia’s big four banks are managing risk well, this could be contributing to their strong performance.
Articles on big four
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Bill Shorten is continuing to pressure for a banking royal commission by highlighting rising bank profits and escalating consumer complaints in recent years.
Malcolm Turnbull has announced that the heads of Australia’s big four banks will be grilled annually by the House of Representatives economics committee.
Malcolm Turnbull has sternly told the banks they should pass on the whole of Tuesday’s rate cut - or their chief executives must explain why they are not doing so.
The idea of separating out the retail arms of the Big Four banks, featured in the Greens election policy, has merit and has been done before.
The Reserve Bank of Australia has decided to leave the official cash rate unchanged at a record low of 2%, but said there was scope for a rate cut down the line.
Banks might be pushing rates up, but the Reserve Bank’s focus should be on who they’re lending to.
It’s a pain to change mobile providers, but at least keeping your number is easy. It’s much more of a pain to change banks and much of that pain is because we have to change bank account numbers. Why don’t…
Protest and dissent are the foundation stones of modern societies and have helped secure a measure of democracy and human rights. Against all the odds, ordinary people have struggled to secure universal…
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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