Clancy Yeates
Clancy Yeates is deputy business editor. He has covered banking and financial services, and was previously national business correspondent in the Canberra bureau.
- Opinion
- Interest rates
The case for rapid-fire interest rate hikes is hardly watertight
Even though markets and the country’s biggest banks expect back-to-back rate rises, there are good reasons for the RBA to hold fire this week.
- Clancy Yeates
Latest
- Updated
- World markets
Rate hike forecasts surge one week out from RBA meeting
Three of the country’s biggest banks have predicted the Reserve Bank will jack up interest rates in response to ongoing high inflation and the oil price shock.
- Clancy Yeates
- Opinion
- Currencies
Why the Aussie dollar isn’t a ‘whipping boy’ any more
Our dollar has had a strong run, and there are good reasons to think we should get used to it staying around the US70¢ mark – or even climbing higher.
- Clancy Yeates
Billionaire Lowy family buys into fund manager Magellan
The Lowy family has taken a significant stake in the funds management business Magellan, days after the financial group announced a major merger.
- Clancy Yeates
- Opinion
- AI
Many of us pay our bank a ‘lazy tax.’ AI could change this
AI isn’t only a cost-cutting tool for companies to ruthlessly exploit. It could also change the way millions of people behave with their money.
- Clancy Yeates
Former ANZ chief Shayne Elliott drops legal action against bank
Elliott was denied $13.5 million in bonuses following a string of regulatory woes at the big four giant.
- Clancy Yeates
- Opinion
- Pay
Why cost-of-living woes will probably linger for years
It’s simplistic to say we’re all going backwards, but this decade’s inflation has dealt a hefty blow to our spending power. There is, however, a path to sustainable wage growth.
- Clancy Yeates
CFMEU official resigns from super giant, internal review launched as union scandal grows
The CFMEU’s representative on the CBUS board, Lucy Weber, stepped down after this masthead revealed she had a secret relationship with her union boss.
- Sarah Danckert and Clancy Yeates
- Opinion
- Banking products
The banks’ fight over $285b in ‘free money’ has a lesson for savers
There’s a growing fight between banks to hoover up people’s savings, including a large pile of money that’s earning no interest at all.
- Clancy Yeates
- Updated
- Earnings season
CBA shares rocket as profit beats expectations
Investors in Australia’s biggest bank are cheering after the release of its half-year results.
- Clancy Yeates