In June, parliament passed a 0.6 per cent levy on the highly profitable ‘Big Four’ banks and Macquarie Bank. A highprofile inclusion in the May federal Budget, the new tax is intended to fund budget repair. Treasury officials indicated that the banks are likely to pass the costs on to customers.
Sometimes cartoonists use their artwork to share messages for the public to consider. What message do you think the cartoonist Alan Moir is trying to share with this cartoon?