Big four banks may be hit with new levy The government is believed to be considering a levy on the big four banks as part of today's budget.
The proposed levy would not touch the savings of normal Australians, but target the hundreds of millions oakley fast jacket in institutional loans the big four banks make to each other. This will avoid accusations that they are instituting a deposit tax on the retail side while targeting the institutional side, effectively targeting lending the banks make to each other every year. There oakley frames are reports the levy could net the government six billion dollars over the forward estimates. KPMG partner Andrew Yates says any bank levy would go straight to their bottom line. 'I think clearly you want to hit the industry and evenly, it would be very odd if banks were oakley official website levied at different rates.' Shadow Treasurer Chris Bowen says the government is being 'hypocritical' when it comes to a bank levy.
'When I was treasurer I had a moderate levy, which raised from memory 700 million over the forward estimates over at that time. 'The sorts black friday oakley sunglasses of speculation we are seeing now shows the levy will be much bigger than that, now the Liberals at the time raised merry hell, saying it would be the end of western civilization when it was a moderate levy.'.
Prev: oakleys cheap online
Next: oakely glasses