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
Helping businesses to remain viable and keeping people in their homes is good for everyone.
Today’s announcement by the Federal Government of a second stimulus package, which includes an SME Guarantee Scheme and direct cash grants, will help keep businesses open and save jobs, building on the measures already announced by banks on Friday. The SME Guarantee Scheme which allows for further funds to be injected into small business will… Read more »
Australian banks will defer loan repayments for small businesses affected by COVID-19 for six months.
Subscribe 
Aussie Banks are ready to help
If you’re impacted by COVID-19, contact your bank online today.