11 August 2016
This report looks at the contribution of the Australian banking industry to government revenue through taxes and other levies, and compares this with the tax rates paid by banks in other countries and with the tax paid by other industries in Australia.
Latest news
The ABA acknowledges today’s release of designations, draft industry codes, draft rules and a government discussion paper regarding the Scam Prevention Framework (SPF). Banks will scrutinise these SPF settings carefully to ensure they: ABA CEO Simon Birmingham said the most important policy objective of the SPF needed to be preventing scam losses in the first… Read more »
E&OE Bran Black, BCA: I’m here with colleagues from industry associations that represent the length and breadth of Australia’s economy, and we’re here today to talk about a couple of key features of the Budget. What I wanted to do is just take a step back first and just talk about how we came together…. Read more »
The Alliance of Industry Associations described measures in the Federal Budget as positive first steps on productivity reform, while calling for further action to deliver sustained cost of living relief for households and businesses. The Alliance, representing around 30 industry groups from a broad cross-section of Australia’s economy, has previously called for a significant package… Read more »