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On The Record

Commonwealth Bank comments on SA Opposition's decision to block the SA bank tax

CBA comments on SA Opposition's bank tax block

03 July 2017

Commonwealth Bank comments on the SA Opposition's decision to block the state's proposed bank tax.

Ian Narev, Commonwealth Bank CEO, said: "The decision by the SA Opposition to block the bank tax shows a willingness to listen to the community, and show leadership regarding the economic future of the state.

"It also shows a recognition that South Australia can only reach its clear potential if businesses are encouraged to invest and create jobs. That requires predictable government policy that is focused on long term prosperity."