David Murray has questioned whether stability pacts hinder competition in the Australian banking sector, and has promised the upcoming Financial System Inquiry will explore the issue.
A major bank has recorded half-year profits of over $4.27bn, while rebuking claims the bank receives an unfair advantage.
Been avoiding the financial news over the holiday season? We bring you up to speed on some of the key stories.
Non-bank lenders have more than doubled the growth rate of banks, but industry bodies say competition between the big four is not strong enough.
The heads of the key industry bodies are confident that ex-CBA boss David Murray is the right person to lead the biggest inquiry into the financial system in the best part of two decades.
At Australian Broker, we love a bit of healthy discussion, which is why we honour our favourite comment each week with a lofty little title. Drum roll please...