‘Enough is enough,’ Greens Leader Adam Bandt declared to the National Press Club in Canberra last Wednesday. ‘It’s time to make the big corporations and billionaires pay their fair share of tax.’ As well as seeking to close ‘loopholes’ in the existing petroleum resource rent tax, his party is proposing a ‘supertax’ – a 40 per cent tax – on the profits of coal and gas corporations and, more broadly, on any annual corporate profits of more than $100 million.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in