10 May 2017

Australian budget taps taxpayers and big banks for surplus

From Morning Report, 8:14 am on 10 May 2017

Michelle Grattan joins us to discuss the budget in Australia. She says the unexpected bank levy was most likely motivated by the push to reach surplus by 2021. She says foreigners buying into the housing market will face more restrictions, as high house prices put the squeeze on local buyers especially in Sydney and Melbourne.