Argy bargy from the industry over the liability levy on larger banks announced in last week's budget drew grumpy views on most side of the debate over the weekend. Treasurer Scott Morrison on Sunday said: "to suggest this is the end of financial civilisation as we know it is one of the biggest overreaches in a whinge about a tax I've ever seen." Lindsay Maxsted, chair of Westpac, told The Weekend Australian "the application of the levy should be broadened across the sector" - meaning foreign banks as well as some regional banks. Masted added that "there should be absolute clarity as to the liabilities it captures; there should be an understanding that the levy doesn't increase on the way through; and a sunset clause to make it absolutely clear that it's not a tax." As for the voters, no surprises, the fist public opinion poll on the topic found support, The Newspoll in The Australian today shows 68 per cent approve of the bank levy while 21 per cent do not (and 11per cent undecided). Latitude Finance Australia may be heading for an IPO on the ASX by 2018. The Street Talk column in the Financial Review reports Latitude hired law firm King & Wood Mallesons to assist with structuring the company and preparing it for a $1 billion-plus ASX listing. Latitude is the consmer financed arm of thee entity once known as GE Capital. Latitude is an indirect subsidiary of KVD Singapore Pte Ltd, an entity owned by a consortium comprising Deutsche Bank AG and funds managed by Varde Management and KKR. GE Capital sold its consumer finance arm to Latitude in November 2015