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What could the new bank levy mean for shareholders?

In this video I will briefly discuss:

• PIMCO briefing concluded inflation not a short term risk
• APN Property brief concluded Australia retail property still has positive outlook
• Shane Oliver Insights emailed last week forecasts $US0.70 by end of the year
• Lower $A has implications for international portfolio exposure
• Bank levy unlikely to have significant impact on bank share prices
• Analysts more concerned about banks exposure to residential mortgates
• Following budget, ratings agencies have confirmed Australia's AAA Credit Rating