Research shows the majority of consumers have low financial knowledge and experience, but they are also prone to behavioural biases that don't help.
Mick Mulvaney has only been in charge of the Consumer Financial Protection Bureau for two months, but he's already made many decisions that will leave consumers worse off.
CBA's risk management strategy clearly states that responsibility rests with the board of the bank for any wrongdoing.
Our financial regulators ASIC and APRA need a board of oversight, similar to what the UK has, to keep them in check.
The latest report from the Grattan Institute, finds that claims about Australia being dominated by oligopolies are overblown.
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.
In the US "liar loans" have been identified as one of the key reasons behind the 2008 financial crisis. But how big a problem are poor loan checking practices in Australia?
The government needs to learn from the mistakes in the US in sharing our credit history information to third parties.
Republican efforts to kill a rule designed to make it easier for people to sue banks are a reminder of why it's so important to have a government agency that protects consumers.
The new banking regulations undermine the existing system, confusing regulators and achieving very little.
The federal governments efforts to tackle the financial abuse of elders is to be welcomed - but will banks be properly empowered to act?
Banking used to be an engine of social mobility and a generator of secure, satisfying employment for the many gainfully employed in it.
The 2007-08 financial crisis affected the world's advanced economies in profound ways and the ripple effects continue to today.
One bank customer whose identity was stolen asks: 'Why didn't they call the fraud squad, or the police?' It's a very good question.
APRA announced it will open its new season with an inquiry into the Commonwealth Bank of Australia. But the opening of this new show raises some questions for the producers.
The APRA inquiry puts the regulator in the tricky position of trying to be seen to be tough on bank scandals but juggling its close relationship with the government and the CBA.
It's not likely the Australian appetite for property will change but this means we need to hedge our bets against any risks by improving diversification and the way banks finance mortgages.
The banks are dealing with rising rates of online credit card fraud, but they can't fix it on their own.
Global travelers are being increasingly asked if they want to pay for local purchases in terms of their home country currency. Here's why you should resist the strong temptation to do so.
From Winston Churchill to the Industrial Strategy Commission: laying down the markers for success.