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Showing 11 - 17 of 17 results for "Bank levy"

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
Secretary to the Treasury has shot down claims from the Australian Bankers' Association that the proposed bank levy disregards Government best practice guidelines. In a submission to Treasury lodged on Monday, ABA chief executive Anna Bligh claimed ...

Housing is cooling

BENJAMIN ONG  |  TUESDAY, 16 MAY 2017
... depreciation and expenses that could be claimed against rental properties. Included in the Budget is a $6.2 billion bank levy that the big four banks - ANZ, CBA, NAB, WBC - say they would pass onto their depositors, which certainly could come in the ...

Federal Budget is a Ginger Spice

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
... had the popularity of a bunch of lead balloons," Breckon added. He saw the industry as being less positive about the bank levy and the fact that foreign residents will now pay more in capital gains tax withholding.

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... expected higher tax receipts - "as a result of policy decisions including increasing the Medicare levy, introducing a major bank levy, improving the integrity of GST on property transactions and introducing a Skilling Australians Fund levy" - and increased ...

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... will be required on the Government's final implementation of the Bank Executive Accountability Regime and the Major Bank Levy to ensure they are appropriately targeted and have no unintended economic consequences. "The Government has laid out a blueprint ...

Government debt on its way to $606bn

ALEX DUNNIN  |  TUESDAY, 9 MAY 2017
... by 2020-21 and a range of new levies that are expected to raise $17 billion over the next four years ranging from the bank levy, increases to the Medicare levy, the Skilled Australians levy and new restrictions on deductions available to housing investors. ...

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
Lobby group National Seniors Australia have criticised the government's plan to put a 0.05% levy on bank deposits in 2016, saying it will force pensioners into riskier investment alternatives. National Seniors Australia chief executive Michael O'Neill ...
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