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Regulatory

Major banks receive Budget shakeup

The major banks will be slugged $6.2 billion via a new levy to level the playing field for the banking sector.

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Read more: GovernmentACCCAPRAFederal BudgetTierAccountableADIAnna BlighAssociationAustralian BankersAustralian CompetitionAustraliansBank Executive Accountability RegimeCommitteeCompetitive Banking SystemConsumer CommissionEconomicsFinancial Claims SchemeFinancial Services CouncilFour Major BanksFSCHouse of RepresentativesMajor Bank LevySally LoaneTreasury