Australia's banks are safe, so deposit levy is looking like a revenue grab
- Written by The Conversation
Australian depositors are already protected under existing legislation, so why do we need a deposit levy?AAP/Mick TsikasThe closer one looks at the government’s recent decision to levy a deposit tax against Australia’s Big Four banks, the more it seems like a revenue grab. Nothing more, nothing less.
An inspection of the legislation...
Read more: Australia's banks are safe, so deposit levy is looking like a revenue grab