Good morning,

David Foster's future at Bendigo and Adelaide Bank hangs in the balance as the board embarks on a formal assessment of whether the non-executive ­director and former Star Entertainment executive chairman is a “fit and proper person” to oversee a deposit-taking institution, sources have told The Australian.

Meanwhile, Telstra boss Vicki Brady's decision to hike prices speaks volumes about the lack of competitive spirit in the telco market, says columnist Eric Johnston who predicts the inflation-stoking move will worry the central bank and be bad for customers.

And ahead of the release this Saturday of The Australian's list of the 60 most influential Australians over the past six decades, billionaire Andrew Forrest has named Paul Keating as the person who he believes has had the biggest impact on the country in his lifetime. Watch the video interview here