The "tax" is a good idea I think...but it is a no brainer that you and I will be paying for it in increased interest rates and Bank charges...Morrison would have known that, so would Cormann have known that. If they didn't they shouldn't have been allowed anywhere near the books!
That said, tt always galled me that the Banks pulled $30 BILLION dollars out of the economy last year, and that grab is increasing year on year. Just imagine if just half of that $30 BILLION dollars was still floating around the economy being used by business and tax payers..
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