27 June 2017
This report shows that the banking industry pays the most tax of any industry in Australia, with more than $14 billion in tax paid to governments in 2016.
Access to credit opens up opportunities and fulfills aspirations. Getting it right requires the right balance between consumer protections and the flow of credit.
Interviewed by AM’s Peter Ryan, ABA CEO Anna Bligh talked about the substantial drop in loan deferrals since their peak during the pandemic, falling from 900,000 to 300,000.