Effective bank tax rate reached 79.3% in second quarter of 2021 in Australia, according to the National Central Bank. This is 30.6% more than in the previous quarter.
Historically, effective bank tax rate in Australia reached an all time high of 79.3% in 2Q2021 and an all time low of 12.1% in 3Q2008.
Australia has been ranked 3rd within the group of 40 countries we follow in terms of effective bank tax rate.
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