Major Bank Levy Bill 2017 and the Treasury Laws Amendment (Major Bank Levy) Bill 2017

19 June 2017

© Commonwealth of Australia 2017
ISBN 978-1-76010-599-0

View the report as a single document - (PDF 241KB)

View the report as separate downloadable parts:

Senate Economics Legislation Committee (PDF 21KB)
Abbreviations and Acronyms (PDF 7KB)
Chapter 1 - Introduction (PDF 60KB)

Overview of the bills
Conduct of the inquiry
Human rights implications and other considerations

Chapter 2 - Views on the bills (PDF 100KB)

General views on the measure
Potential to achieve the stated outcomes
Scope of the levy
Other concerns about the operation of the levy
Committee view

Additional Comments from Labor Senators - Major Bank Levy Bill 2017 (PDF 27KB)

The impact on consumers
The revenue black hole
Potential responses by Macquarie Bank
Lack of policy clarity
Lacklustre ACCC powers
Foreign banks

Appendix 1 - Submissions and additional information received (PDF 12KB)

Submissions received
Tabled documents

Appendix 2 - Public hearings (PDF 12KB)

Committee Secretariat contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540