Bank Levy

Q. The recent Federal Budget contained a levy on the big banks, which is forecast to raise $6.2bn from Australia’s five largest banks over the next four years, but will not apply to smaller banks or foreign banks who operate in Australia. Who do you think the bank levy should be applied to? 

	Total		Vote Labor	Vote Lib/Nat	Vote Greens	Vote other
Large Australian banks only	12%		16%	12%	15%	8%
Large Australian banks and foreign banks operating in Australia	48%		46%	52%	50%	59%
Small and large Australian banks and foreign banks operating in Australia	16%		16%	18%	13%	17%
The levy should not apply to any bank	10%		10%	9%	10%	9%
Don’t know	14%		12%	8%	13%	8%

 

48% thought the bank levy should be extended to include foreign banks operating in Australia, but not smaller Australian banks. Those most likely to think this were those aged 65+ (59%) and other party/independent voters (59%).

Overall, 64% thought that the bank levy should apply to foreign banks operating in Australia.