Jenny McAllister (NSW, Australian Labor Party) Share this | Hansard source

Last week, the minister said that the bank levy 'cancels out the effect of the corporate tax cut for the banks already', and the minister has confirmed this again in his answer to my principal question. Analysis conducted by the Australia Institute has found that, even with the bank levy, the Turnbull government's $65 billion tax cut will see banks substantially better off. Who is correct: the minister or the Australia Institute?