26 September 2017
Australian Bankers’ Association Chief Executive Anna Bligh today welcomed the South Australian Property Council’s call for the South Australian bank tax to be dumped.
In a report on the South Australian economy released today, the Property Council described the bank tax as ‘bad economic policy that applies a handbrake on investment and jobs’.
“This is another example of a major South Australian business group calling for this tax to be dumped before it does damage to the state,” Ms Bligh said.
“South Australia needs incentives to attract business, not new taxes that will discourage businesses from investing in new projects and employing people.
“The ABA calls on the South Australian Government to heed the warnings of businesses and the people of South Australia and dump the tax,” she said.
The South Australian Upper House is set to determine the fate of the tax in a vote within weeks.
The Property Council comments on the SA bank tax can be found here.
ENDS
Contact: Stephanie Arena 0477 470 677
Latest news
Georgie Tunny: Anna Bligh is CEO of the Australian Banking Association. And we’ve heard so many examples of scammers infiltrating customers existing phone message threads from banks. If people can’t trust the bank’s own correspondence, what hope do they have? Anna Bligh: The stories that you’ve run this week have been absolutely heartbreaking. And I hear… Read more »
The Australian Banking Association (ABA) welcomes the Federal Government’s upcoming campaign to further educate the community about elder abuse. ABA CEO Anna Bligh said this was a timely opportunity to further raise awareness and shine the spotlight on financial elder abuse. “Australian banks are deeply conscious of financial elder abuse. They see it playing out every day and have… Read more »
Major disruptions to payments systems as a result of the CrowdStrike outage have not occurred and are not anticipated. Impacts on banks and payments systems have been relatively minor, with any disruptions having already been remedied or in the process of being gradually restored. Banks will continue to monitor for any further impacts to services…. Read more »