7 September 2017
Statement from Anna Bligh, Chief Executive, Australian Bankers’ Association
“The Australian Bankers’ Association welcomes the decision of the Western Australian Government to prioritise jobs and growth over short-term economic thinking in ruling out a new tax on banks in today’s Budget.
“Despite inheriting significant fiscal challenges and the lowest GST allocation in Australia, the McGowan Government has demonstrated laudable economic discipline and foresight.
“It is clear the WA Government understands it must remain an attractive and competitive place to do business.
“The ABA urges the WA Government to maintain sound economic policy and not put the bank tax back on the agenda.
“South Australia should follow this example and walk away from its proposed bank tax before it causes damage to the SA economy.”
Contact: Stephanie Arena 0477 470 677
“No customer is going to wake up the day after the 31st of March and find that there is some legal action being taken by their bank on their loan.”
“For the first time, banks are unveiling an industry-wide Financial Assistance Hub. The site aims to inform and assist bank customers so they know exactly where they stand, and the support their banks will provide them.”