Chapter 1 - Introduction

[1]        Explanatory Memorandum, p. 3.

[2]        Explanatory Memorandum, p. 6.

[3]        Explanatory Memorandum, p. 3.

[4]        Explanatory Memorandum, pp. 6-7.

[5]        Explanatory Memorandum, p. 3.

[6]        Explanatory Memorandum, p. 5.

[7]        Explanatory Memorandum, pp. 25-26.

[8]        The Hon. Scott Morrison (Treasurer), Major Bank Levy Bill 2017—Second Reading Speech, House of Representatives Hansard, 30 May 2017, p. 1.

[9]        Explanatory Memorandum, p. 26.

[10]      Explanatory Memorandum, p. 26.

[11]      Explanatory Memorandum, p. 26.

[12]      Explanatory Memorandum, p. 26.

[13]      Explanatory Memorandum, p. 26.

[14]      Explanatory Memorandum, p. 27.

[15]      Explanatory Memorandum, p. 27.

[16]      The Hon. Scott Morrison (Treasurer), Major Bank Levy Bill 2017— Second Reading Speech, House of Representatives Hansard, 30 May 2017, p. 2.

[17]      The Hon. Scott Morrison (Treasurer), Major Bank Levy Bill 2017— Second Reading Speech, House of Representatives Hansard, 30 May 2017, p. 1.

[18]      Explanatory Memorandum, p. 27.

[19]      Explanatory Memorandum, pp. 5-6.

[20]      Explanatory Memorandum, pp. 27-28.

[21]      Explanatory Memorandum, p. 28.

[22]      Explanatory Memorandum, p. 37.

[23]      Explanatory Memorandum, p. 38.

[24]      Explanatory Memorandum, p. 38.

[25]      Explanatory Memorandum, p. 24.

[26]      Senate Standing Committee for the Scrutiny of Bills, Scrutiny Digest 6 of 2017, 14 June 2017, p. 46.

[27]      Senate Standing Committee for the Scrutiny of Bills, Scrutiny Digest 6 of 2017, 14 June 2017, pp. 46-47 and 71-72.

[28]      Senate Standing Committee for the Scrutiny of Bills, Scrutiny Digest 6 of 2017, 14 June 2017, pp. 70-71.

[29]      Senate Standing Committee for the Scrutiny of Bills, Scrutiny Digest 6 of 2017, 14 June 2017, p. 71.

Chapter 2 - Views on the bills

[1]        Centre for Independent Studies, Submission 12, p. 2.

[2]        Institute of Public Affairs, Submission 13, p. 1.

[3]        Financial Sector Union of Australia, Submission 15, p. 2.

[4]        COBA, Submission 9, p. 2.

[5]        ME Bank, Submission 2, [p. 3].

[6]        Suncorp, Submission 20, p. 1.

[7]        ING Direct, Submission 21, [p. 2].

[8]        ABA, Submission 6, p. 1.

[9]        CBA, Submission 7, p. 1.

[10]      ABA, Submission 6, p. 3.

[11]      Ms Anna Bligh, Australian Bankers Association, Committee Hansard, 16 June 2017, p. 5.

[12]      Mr John Lonsdale, Treasury, Committee Hansard, 16 June 2017, p. 73.

[13]      Mr Mark Degotardi, Customer Owned Banking Association, Committee Hansard, 16 June 2017, p. 60.

[14]      Business Council of Australia, Submission 19, p. 3.

[15]      The Hon. Scott Morrison (Treasurer), Major Bank Levy Bill 2017—Second Reading Speech, House of Representatives Hansard, 30 May 2017, p. 3.

[16]      Mr Marcus Bezzi, ACCC, Committee Hansard, 16 June 2017, p. 64.

[17]      Centre for Independent Studies, Submission 12, p. 3.

[18]      Business Council of Australia, Submission 19, p. 3.

[19]      NAB, Submission 5, p. 2.

[20]      NAB, Submission 5, p. 2.

[21]      Mr Pat Brennan, APRA, Committee Hansard, 16 June 2017, p. 68.

[22]      Mr Paolo Tonucci, CBA, Committee Hansard, 16 June 2017, p. 13.

[23]      Macquarie Bank, Submission 8, pp. 2-3.

[24]      Macquarie Bank, Submission 8, p. 4.

[25]      Mr Nicholas Moore, Macquarie Group, Committee Hansard, 16 June 2017, p. 20.

[26]      Mr Mike Hirst, Bendigo and Adelaide Bank, Committee Hansard, 16 June 2017, p. 50.

[27]      ABA, Submission 6, p. 4.

[28]      Suncorp, Submission 20, pp. 1-2.

[29]      ME Bank, Submission 2, [p. 3].

[30]      Mr Jamie McPhee, ME Bank, Committee Hansard, 16 June 2017, p. 55.

[31]      Bendigo and Adelaide Bank, Submission 3, [p. 3].

[32]      See, for example, ABA, Submission 6 and Macquarie Bank, Submission 8.

[33]      ANZ, Submission 4, p. 1.

[34]      Ms Michelle Jablko, ANZ, Committee Hansard, 16 June 2017, p. 38.

[35]      CBA, Submission 7, p. 2.

[36]      Mr Peter King, Westpac, Committee Hansard, 16 June 2017, p. 30.

[37]      NAB, Submission 5, p. 2.

[38]      Mr Paolo Tonucci, CBA, Committee Hansard, 16 June 2017, p. 14.

[39]      Westpac, Submission 1, p. 2.

[40]      Macquarie Bank, Submission 8, pp. 4-5.

[41]      ANZ, Submission 4, p. 2.

[42]      ANZ, Submission 4, p. 2.

[43]      ANZ, Submission 4, p. 3.

[44]      NAB, Submission 5, p. 2.

[45]      Mr Gary Lennon, NAB, Committee Hansard, 16 June 2017, p. 44.

[46]      Macquarie Bank, Submission 8, p. 5.

[47]      ANZ, Submission 4, p. 5; NAB, Submission 5, p. 2.

[48]      Mr Gary Lennon, NAB, Committee Hansard, 16 June 2017, p. 41.

[49]      ABA, Submission 6, p. 2.

[50]      ABA, Submission 6, p. 2.

[51]      Macquarie Bank, Submission 8, p. 5.

[52]      NAB, Submission 5, p. 3.

[53]      Mr Anthony Regan, Treasury Committee Hansard, 16 June 2017, p. 73.

[54]      See, for example, ANZ, Submission 4; Westpac, Submission 1; NAB, Submission 5.

[55]      ABA, Submission 6, p. 2.

[56]      Business Council of Australia, Submission 19, p. 3.

[57]      NAB, Submission 5, p. 2.

[58]      Mr Mark Degotardi, Customer Owned Banking Association, Committee Hansard, 16 June 2017, p. 59.

[59]      Business Council of Australia, Submission 19, p. 3.

[60]      NAB, Submission 5, p. 2.

[61]      CBA, Submission 7, p. 3.

[62]      Westpac, Submission 1, p. 4.

[63]      NAB, Submission 5, p. 3.