Federal Budget 2017: Scott Morrison targets banks, multi-nationals in dash for cash

By Mark Hawthorne
Updated May 10 2017 - 6:47am, first published May 9 2017 - 8:08pm
Treasurer Scott Morrison. Photo: Mick Tsikas
Treasurer Scott Morrison. Photo: Mick Tsikas

An increase in the Medicare levy for all Australians, a new tax on the country's five biggest banks, and new measures to crack down on multi-national tax evasion were the centrepiece of Tuesday night's federal budget.

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