The Australian Centre for Financial Studies (ACFS) welcomed the opportunity to support the Senate Economics Legislation Committee’s Inquiry into the Major Bank Levy Bill 2017 and the Treasury Laws Amendment (Major Bank Levy) Bill 2017.
In response to the request we attached short papers that members of ACFS published after the bank levy was announced. They may also be accessed by the links below.
A better alternative to levying the bank tax
Budget 2017: The economic case for the bank levy
Budget bank levy: too big to fail, not too big to take a hit
Even our second-tier banks are too big to fail, government would bail them out