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What about a super profits tax for banks?

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14 Dec 2014

What about a super profits tax for banks?

Collectively the Big Four banks made almost $30 billion in profits last year, almost enough to cover the government’s budget shortfall. Shame the notion of a super-profits tax wasn’t considered by the Murray Banking Inquiry.

As we discuss on this week’s Balls Radio a tax on banks could reduce the extent to which banks contribute to Australia’s expanding household debt bubble.
Also this week:
John Dobbie in the UK
- Nigel Farage weighs in to breast feeding debate
- Alex Salmond continues the fight for Scotland
- Late with the Autumn budget
- Repealing old lawas
- Labour wants to teach British values
- A government grant for dogging
- Christmas in Lyme Regis
Richard Kazimer in the United States
- another white police officer off the hook
- Peggy Young, discriminated against for being pregnant
- NFL players demand compensation for brain injuries
- Elizabeth Lauten dares have a go at the Obama daughters
What’s the Big Idea with Brian Haverty
- Magnifying glasses in cafes
- Decorative braces
- Washing machines at beaches
- Getting blind people to solve litter problem
One quick fix for hidden credit card charging


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What is Balls Radio?

Balls Radio is like talk radio, but for thinking people. Now a short daily occurrence, Phil Dobbie offers his opinions on what's happening, in the UK and overseas: politics, social policy, economics, science, religion. Yes, it's another, slightly overweight middle-aged white man telling the world how it should be. But there's nothing alt-right about Balls Radio. And we try and have fun along the way.