Jay Weatherill and Tom Koutsantonis arrive to address media today. Photo: Tony Lewis / InDaily

Local

"It's dead": Labor dumps bank tax

In a stunning about-face, the Weatherill Government today dumped its bank tax – and sent its budget back to the drawing board – declaring the controversial revenue measure “dead”.

Opinion

Bank standoff sets the scene for election fight

The bank tax standoff has escalated into a high-stakes game of political brinkmanship that will likely set the tone for the forthcoming state election campaign, writes Tom Richardson.

Local

Banks back Business SA's new wave of tax attacks

Business SA has doubled down on its bank tax attack in the face of Labor critiques, and is poised to unleash a new wave of propaganda – with financial support from the big five banks – against the controversial budget measure.

Local

"Business confidence is down - no s**t!": Foley cuts loose on Business SA "squawk box"

Outspoken former Treasurer Kevin Foley has unleashed a social media tirade against opponents of the Weatherill Government’s bank tax, declaring former Queensland Premier turned Bankers Association boss Anna Bligh “destroyed” her state’s Labor Party, and calling Business SA an ineffectual “squawk box” whose members should abandon it.

Local

Jay vows to fight for bank tax as Commonwealth posts $9.9 billion profit

Parliament is unlikely to resolve its standoff over the Weatherill Government’s contentious bank tax any time soon, despite debate to continue today with the Premier launching a broadside at “money launderers to organised crime and terrorist groups”.