TAKEPLACE: FLOOD LEVY TAX GETS HSBC BACKING

Thursday, January 27, 2011

FLOOD LEVY TAX GETS HSBC BACKING

HSBC economist Paul Bloxham told AAP that the flood levy only accounts for one percent of the country's gross domestic product (GDP) and by itself is a reasonable instrument for the government to deal with the rehabilitation programs to be set in motion in the eastern states of Australia. IBT

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