Seniors, bankers welcome death of proposed deposit tax

Updated May 24 2018 - 8:44pm, first published September 3 2015 - 12:00am
Westpac chairman Lindsay Maxsted says decision made his day. Photo: Louise Kennerley
Westpac chairman Lindsay Maxsted says decision made his day. Photo: Louise Kennerley

SENIORS and bankers alike have welcomed Prime Minister Tony Abbott's announcement this week that the government will not proceed with its budget measure to introduce a 0.05 per cent bank deposit tax.

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