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Western Australia still mulling bank tax despite South Australia failure

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Western Australia has not ruled out implementing a state-based bank tax to repair its battered finances after a similar proposal was blocked in South Australia's upper house.

After saying in July that he would have "some concerns" about pursuing a state-based bank tax if it first failed in South Australia, West Australian Treasurer Ben Wyatt suggested on Thursday the option was still on the table.

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Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/politics/federal/western-australia-still-mulling-bank-tax-despite-south-australia-failure-20171102-gzdsnn