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SA dumps controversial bank tax

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November 15, 2017

"For all intents and purposes, the bank tax is dead," Mr Weatherill told reporters.

The South Australian government has abandoned its controversial bank tax.

Premier Jay Weatherill says the levy, designed to raise $360 million from the big banks over the next four years, has no prospect of being passed in state parliament.

"For all intents and purposes, the bank tax is dead," Mr Weatherill told reporters on Wednesday.

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