''At the very least, the government needs to put this process on hold'': ABA's Anna Bligh.

Banks warned tax rate could rise

Treasury tells banks the new tax must hit an annual revenue target of $1.5b, meaning any carve-outs will have to be recouped through a higher rate than proposed.

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Don Argus says BHP's dividend policy does not mean that a board has to deliver on a promise that it can't afford.

Bank 'tax grab' will spook investors

Don Argus joins Alan Joyce and Andrew Thorburn in warning the government faces a flight of capital in the wake of the shock bank levy.

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