House of Representatives

Treasury Laws Amendment (Major Bank Levy) Bill 2017

Major Bank Levy Bill 2017

Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon Scott Morrison MP)

[1]
International Monetary Fund, A Fair and Substantial Contribution by the Financial Sector , Final Report for the G-20, June 2010

[2]
This costing was for option 1, which was to only apply the Basel NSFR standard to larger ADIs.


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