The South Australians Are As Bad On Taxation As They Are With Health IT. Seems To Be A Bit Of A Competence Deficit In Cabinet!

Last week the SA Government sprang a small Bank Levy surprise on five unsuspecting banks. The banks, and the rest of the business community are less than impressed.South Australia bank tax an act of 'economic vandalism'Shock announcement: South Australian Treasurer Tom Koutsantonis delivers the state budget yesterday. By Simon Evans James Frost ·         Updated Jun 22 2017 at 9:21 PM The Business Council of Australia has warned that Australia is rapidly becoming a "laughing stock" in global investment circles because of new taxes on banks as erratic decisions by both federal and state governments "carelessly undermine" the rules of doing business.Australia's big four banks are furious about the move by the South Australian government to impose a new state-based version of the federal government's major bank levy, while the broader business community warned it was partly the fault of the Turnbull government for "letting the genie out of... This is the initial part of the post - read more by clicking on the title of the article. David.
Source: Australian Health Information Technology - Category: Information Technology Authors: Source Type: blogs