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Taxes and other levies paid by banks

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.

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Media Releases
Banks welcome designation of Armaguard within Cash Distribution Framework
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ABA welcomes today’s move by the Reserve Bank of Australia to designate Armaguard under the recently legislated Cash Distribution Framework Act. ABA CEO Simon Birmingham said this was an important step in providing ongoing stability to the distribution and availability of cash across the economy. “The Cash Distribution Framework is an important piece of regulatory… Read more »

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Transcript
ABA CEO Simon Birmingham transcript of interview on ABC Sunshine Coast with Tim Wong-See
3 September 2026

E&OERadio InterviewABC Sunshine Coast3 September 2026. Topics: Upcoming card surcharge ban Tim Wong-See: Now, from the start of next month, credit card surcharge fees are being abolished following a recommendation from the Reserve Bank of Australia. So, all those extra charges that annoy a lot of you when it comes to tap and pay will… Read more »

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Media Releases
ABA CEO Simon Birmingham transcript of interview on FiveAA with Will Goodings and Stacey Lee
27 August 2026

E&OERadio InterviewFiveAA Adelaide with Will Goodings and Stacey Lee27 August 2026. Topics: How banks are fighting back against scams; Housing market Will Goodings: All right, let’s talk scams. The CEO of the Australian Banking Association is Simon Birmingham. Birmo, good morning to you. Simon Birmingham Good morning, Will, g’day, Stacy. Will Goodings: How big a… Read more »

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