The Australian Banking Association says 'nearly 80% of bank profits go straight back to shareholders', the majority of whom are 'everyday Australians'. Is that right?
Michelle Grattan speaks with Mark Evans about the week in Australian politics.
Broadening the royal commission beyond banking may dilute the focus on the banks themselves.
Seldom is a government's impotence and frustration as much on display as it was when Malcolm Turnbull finally capitulated and announced he would set up a banking royal commission.
Politics Podcast: Matt Canavan on divorce in the LNP and discipline in the Coaliton.
Nationals cabinet minister Matt Canavan doesn't agree that breaking up the Queensland LNP would solve any problems politically.
Appearing to co-operate is the best way to try to influence the terms of an inquiry and manage the bad press.
Even though the Prime Minister and heads of the big four banks argue costly political uncertainty is the reason for the royal commission, experts argue the banks' behaviour itself is the real cost.
If the Nationals as a party moved to support an inquiry, Malcolm Turnbull would be left deeply embarrassed.
Malcolm Turnbull and Scott Morrison appear to have become hostages to rebel Nationals determined at all costs to secure a commission of inquiry into the banks.
Malcolm Turnbull's tactic of cancelling the House of Representatives' sitting next week is a short-sighted decision that smacks of lack of nerve.
Studies have shown that shame can motivate people to be both helpful but also vengeful, so the verdict is still out on whether it curbs bad behaviour.
Beyond her political savvy, Anna Bligh’s appointment as CEO of the Australian Banking Association brings greater access than a Liberal appointee would.
Sales incentives must change to ensure service is rewarded over targets.
The universal reform of the banking system will take more than another inquiry.