This report argues that the major bank levy proposed by the Turnbull Government in the 2017–18 Budget has numerous flaws.

Despite the controversy surrounding the establishment of the Asian Infrastructure Investment Bank (AIIB) in 2016, there is little evidence to suggest that AIIB loans are being used to advance Chinese strategic agendas.

In the 2017 federal budget, the Government announced a levy on Australia's big banks, estimated to raise $6.2 billion over four years. Such levies, the Government claims, are common among developed countries.

This resource provides an extended analysis of proposed changes to the Australian Bankers Association Code of Conduct. It argues that despite rhetorical commitment to a social licence to operate, the lack of an explicit normative dimension undermines authority and legitimacy.

This paper shows that if the bank levy proposed in the 2017-18 budget was passed through in full to shareholders in the form of reduced dividends, then at most it would impact the average superannuation balance by $7 a year