Banking disruptor Macquarie would raise interest rates on mortgages, cut the price of deposits or could even abandon the retail market altogether if Albanians government imposes tax on rural services to subsidize the establishment of branches in the bush.

That’s the view of Brian Johnson, a veteran banking analyst at MST Marquee, who says the controversial plan that banks would have to pay more taxes if their regional footprint is lacking, revealed by The Australian Financial Reviewwill weaken competition in the mortgage market.

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