AUSTRALIAN BANK customers will be forced to help prop up the Rudd Government's budget with a new levy that will slice a combined $733 million from interest payments.
In a brave move just before calling an election, Prime Minister Kevin Rudd will whack a 0.05 per cent levy on all bank, mutual bank and credit union accounts up to $250,000 to help boost his own Budget bottom line.
http://www.couriermail.com.au/news/queensland/rudd-government-to-whack-005-per-cent-levy-on-bank-accounts-to-take-733-million-for-budget/story-fnihsrf2-1226689834813
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