15 November 2017
The Australian Bankers’ Association has welcomed the South Australian Government’s decision to abandon its plans to introduce a bank tax.
ABA CEO, Anna Bligh, said the decision is good news for the whole state.
“Today is a real victory for the people of South Australia and in particular for those who operate businesses. The decision will provide them with a greater level of confidence and certainty which is vital for business.
“Australian banks belong to all of us and they’re about growth and driving good economic outcomes; today’s decision will mean we can all get on with the job of making that happen.
“I would like to thank the Parliament of South Australia and in particular the South Australian Liberal Opposition lead by Steven Marshall, Advance SA’s John Darley and Australian Conservative Party members Robert Brokenshire and Dennis Hood for opposing the economically damaging tax.
“I would also like to thank Business SA for standing up for the people of the State,” Ms Bligh said.
Contact: Kelly Stevens 0497 577 133
Latest news
“the earlier that people speak to their bank, the more likely it is that the bank can find a solution that will work and keep the customer out of financial strife.”
Twenty of Australia’s most influential business and finance peak bodies have come to an unprecedented consensus on the need for sustainability reporting.
“Over the past eight years, Mr Byres has provided strong leadership… particularly through the very stormy economic waters of recent times.”