A potential $1 billion refund request from ASIC will lead many to think the banks are being penalised. This is far from the case.
Banks expect that the government's new bank levy will be a tax write-off, which will reduce the overall impact on the banks by around one-third.
Matt Canavan says Queenslanders should boycott Westpac since the bank is not going to lend money to the colossally wasteful Adani coal mine and becomes sucked into the Nationals Irony Generator.
The financial services sector has been revealed as the most generous industry for Australia’s political parties in the 2015-16 donations data.
Peter Dutton revealed his donation to his own party, but Malcolm Turnbull hasn't disclosed his yet.
Executives at the big four banks will front Parliament this week as a way of avoiding a royal commission. But don't expect any actual answers.
Apple won't let banks pass on fees around mobile payments. They're complaining to the ACCC for a better bargaining position.
This is the week the banks come undone -- investors be warned. Plus other finance news in today's Business Bites.