Timid ANZ rethinks rate review

ANZ last week said it will announce the outcome of its monthly interest rate review by the Friday following the Reserve Bank of Australia's board meeting, a week earlier than before. read more

Comment: Consumer literacy not CBA's problem

Of the many facets of CBA's mea culpa yesterday, its resort to a plea for improved financial literacy may be the most comic. The lack of insight and experience of customers is scarcely the issue when.. read more

Court lifts veil on GE finances

The Federal Court, during the process of ordering consumer credit provider GE Capital Finance Australia to pay a penalty of A$1.5 million for making false or misleading representations, gave some insi.. read more

Comment: CBA's compo conundrum

Questions of adequacy will be a sharp debating point as Commonwealth Bank finalises its compensation scheme for clients defrauded by some of its financial planners. read more

Low incomes the norm

The pervasiveness of low incomes as an economic feature received rare official acknowledgement yesterday. read more

Comment: GFC costs linger

One task possibly being finalised by the Financial System Inquiry is accounting for the fallout of the global financial crisis in Australia. read more

Comment: Too many untold GFC details

A DFAT-style 'select documents' history is needed to lead bank customers and bank investors through the details of their bank's recent brush with crisis around the GFC. read more