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‘Don’t do it’: Scott Morrison tells banks not to pass on budget levy to customers

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The Treasurer went on to challenge the big four banks to garner people’s support by publicly vowing not to pass on the levy to customers through interest rate rises.

Reverse that idea and you don’t do justice to the other character and their story. With fifteen main characters to juggle with, Festival does a good job of getting the balance right, but of necessity it does focus on some characters more than others, though not.

The Federal Treasurer has urged at least one of Australia’s five big banks to break ranks and declare that they will not pass a new levy onto customers, in the hope the others may follow. Scott Morrison accused Westpac, National Australia Bank, ANZ, Commonwealth Bank and Macquarie of "having a lend of people" over the $6.2 billion, four.

Treasurer Scott Morrison pleads with Australia’s biggest banks not to pass the cost of last night’s multi-billion-dollar budget hit on to customers, saying the public "already don’t like you very.

Banks warned not to pass levy to customers – Yahoo7 Finance – Banks have been warned not to pass on to their customers a new $6 billion levy being imposed by the government to balance the federal budget, Treasurer Scott Morrison says. A day after the budget revealed the levy on bank liabilities, Commonwealth bank chief ian narev flagged passing the impost on to customers and shareholders.

Anna Bligh says every Australian will have to pay for levy on the big banks. Australia’s Banking Association CEO Anna Bligh slammed the move and said that every Australian will have to pay for Treasurer Scott Morrison’s levy. Ms Bligh also said there had been no consultation with the industry ahead of the shock move.

Scott Morrison. do it – they already don’t like you very much," he said. "Prove them wrong, don’t confirm their worst impressions. Tell them you will pony up and help fix the budget." Mr Murray.

It will not do for President Levy Mwanawasa to tread softly as though he were walking on eggshells. He declared the war and he should be willing to fight it decisively. Those conversant with the art of war will agree that it is not possible to follow a General whose trumpet has an.

MBS RECAP: Huge Day For Bonds, For Better and Worse MBS RECAP: Bonds Lose Ground on Shutdown Deal Hopes and inflation data february 13, 2019 Comments Off on MBS RECAP: Bonds Lose Ground on Shutdown Deal Hopes and Inflation Data Posted To: MBS Commentary At first glance, this morning’s weakness was all about the Consumer Price Index (CPI)-the most widely-followed inflation report.At worst. times and punched out for the day shortly thereafter (i.e. US bond markets drifted sideways in a narrow range without ever contemplating a breakout). 10yr yields ended 3.2bps lower on the.