Taxation

Australian banks warn surprise taxes scaring away investors

Australian banks warn surprise taxes scaring away investors

Published 26/06/2017

FILE PHOTO: The logo of the Commonwealth Bank of Australia (CBA) is displayed outside a branch in Sydney, Australia, March 21, 2016. REUTERS/David Gray/File Photo

Surprise taxes levied on Australia's banking sector are frightening off potential foreign investors by creating a less stable business environment, two of the country's major banks warned.

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Key Republican Collins has `serious concerns` on healthcare bill

Key Republican Collins has `serious concerns` on healthcare bill

Published 26/06/2017

Senator Susan Collins (R-ME) speaks to reporters after Senate Republicans unveiled their version of legislation that would replace Obamacare on Capitol Hill in Washington, U.S., June 22, 2017. REUTERS/Joshua Roberts

Republican Senator Susan Collins of Maine said on Sunday she has extreme reservations about the U.S. Senate's healthcare overhaul and does not think it will be able to pass this week.

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Conservative Koch network criticizes U.S. Senate healthcare bill

Conservative Koch network criticizes U.S. Senate healthcare bill

Published 25/06/2017

FILE PHOTO: An Americans for Prosperity banner is seen during an event in Manchester, New Hampshire, July 22, 2015. REUTERS/Dominick Reuter

Officials with the conservative U.S. political network overseen by the Koch brothers say they are unhappy with the healthcare bill that may be voted on by the Senate this week and will lobby for changes to it.

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Senator Rand Paul says would consider partial repeal of Obamacare

Senator Rand Paul says would consider partial repeal of Obamacare

Published 25/06/2017

Senator Rand Paul (R-KY) speaks to reporters after Senate Republicans unveiled their version of legislation that would replace Obamacare on Capitol Hill in Washington, U.S., June 22, 2017. REUTERS/Joshua Roberts

U.S. Republican Senator Rand Paul said on Sunday that he remains open to supporting the Senate healthcare bill but only under certain circumstances.

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Top Senate Democrat Schumer: 50-50 chance Republicans pass healthcare bill

Top Senate Democrat Schumer: 50-50 chance Republicans pass healthcare bill

Published 25/06/2017

U.S. Senate Minority Leader Chuck Schumer (D-NY) arrives to talk to the media on the president's FY2018 budget proposal on Capitol Hill in Washington, U.S., May 23, 2017. REUTERS/Yuri Gripas

U.S. Senate Democratic Leader Chuck Schumer said on Sunday that he sees a 50 percent probability that Republicans will be able to pass their healthcare bill.

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Trump reaches out to lawmakers on healthcare as another says `no`

Trump reaches out to lawmakers on healthcare as another says `no`

Published 24/06/2017

U.S. President Donald Trump delivers remarks as he hosts a Congressional picnic event, accompanied by First Lady Melania Trump, at the White House in Washington, U.S., June 22, 2017. REUTERS/Carlos Barria

President Donald Trump made calls to fellow Republicans in the U.S. Senate on Friday to mobilize support for their party's healthcare overhaul while acknowledging the legislation is on a "very, very narrow path" to passage.

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Republican Senator Heller opposes healthcare bill: MSNBC

Republican Senator Heller opposes healthcare bill: MSNBC

Published 23/06/2017

FILE PHOTO - Senator Dean Heller (R-NV) arrives at the Senate Judiciary Committee Privacy, Technology and the Law Subcommittee hearing on The Surveillance Transparency Act of 2013 on Capitol Hill in Washington, November 13, 2013. REUTERS/Yuri Gripas

U.S. Republican Senator Dean Heller said on Friday he would not support a healthcare bill unveiled by the Senate Republican leadership in its current form, becoming the fifth Republican senator to oppose the draft legislation, MSNBC reported.

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Australian banks face `Pandora`s box` of taxes after state hike

Australian banks face `Pandora`s box` of taxes after state hike

Published 23/06/2017

The logo of National Australia Bank adorns their headquarters building in central Sydney, Australia June 22, 2017. REUTERS/David Gray

A second Australian state on Friday said it was open to charging its own bank tax, raising fears the federal government has opened a "Pandora's box" by slapping a A$6.2 billion ($4.7 billion) levy on major lenders in its May budget.

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Factbox: How Senate, House Obamacare overhaul bills compare

Factbox: How Senate, House Obamacare overhaul bills compare

Published 23/06/2017

Speaker of the House Paul Ryan (R-WI) speaks after Senate Republicans unveiled their version of legislation that would replace Obamacare on Capitol Hill in Washington, U.S., June 22, 2017. REUTERS/Joshua Roberts

After weeks of discussions behind closed doors, the U.S. Senate unveiled a draft of its healthcare bill on Thursday that would overhaul the Affordable Care Act, commonly known as Obamacare.

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Trump says he is `very supportive` of Senate healthcare bill

Trump says he is `very supportive` of Senate healthcare bill

Published 23/06/2017

U.S. President Donald Trump takes the stage for a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan

U.S. President Donald Trump said he supported a Republican healthcare bill to replace Obamacare that was unveiled in the Senate on Thursday.

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