Filter Articles

Future Fund investments must be subject to FOI laws

The Federal Government has comprehensively failed to make the case for trying to exempt the Future Fund’s investments from Freedom of Information laws.

“We need far greater scrutiny of the Future Fund’s investment decisions, not less,” Greens Economic Justice Spokesperson Senator McKim said.

“It is through the Freedom of Information scheme that we learned of the Future Fund’s $3.2 million investment in Adani Ports.”

”The Government has completely failed to justify this exemption, and it is clearly trying to keep the investments away from public scrutiny.”

Read more

Labor's JobKeeper capitulation

Labor’s decision to let big corporations keep JobKeeper profits is a complete capitulation, the Greens say.

“We know that $13 billion went to boosting the bottom line of profitable companies during the pandemic,” Greens Economic Justice spokesperson Senator Nick McKim said.

“The fact that Labor is happy for big corporations to keep this money just shows that they are far more focused on their big donors than helping people who need it most.”

Read more

Australia cannot abandon refugees in PNG

 

The Australian Government cannot just wash its hands of the people it exiled to Papua New Guinea, the Greens say.

“Today is a day to remember the people who died as a result of being illegally exiled to Papua New Guinea, and the countless other lives that were destroyed,” Greens Immigration spokesperson Senator Nick McKim said.

“People who sought asylum in Australia remain Australia’s responsibility under international law, and no amount of bureaucratic maneuvering can change that fact.

Read more

Lib & Labor voted against Greens push to close ‘Pandora Papers’ loophole

The ‘Pandora papers’ disclosed today reveal that Australia is a weak link in the fight against international tax avoidance, with accounting firms and real estate agents excluded from having to report to financial regulators over many suspicious transactions, giving these Australian firms a competitive advantage when orchestrating money laundering schemes for the super-rich.

Australia is one of only six countries in the world where accountants, lawyers and real estate agents are not required to report under anti-money laundering and counter-terrorism financing laws.

Read more

Bandt announces new parliamentary line-up to kick the Libs out and negotiate shared power

Adam Bandt 15 Sep 2021

With the confirmation of new Senator for Western Australia Dorinda Cox today, Greens Leader, Adam Bandt, has put the Greens on election footing with a reshuffle of the Greens’ ‘shadow Ministerial’ portfolios that prioritises the party’s key campaign areas and sets the party up for ‘balance of power’ negotiations in the likely event of a minority Parliament. 

Read more

Amid record corporate super-profits, Greens announce new Tycoon Tax to raise $338 billion for public good

The Greens have today announced they will push for a new 40% corporate super-profits tax on the excess profits made by big corporations, including mining corporations, in the balance of power after the next election.

The Greens’ push for a ‘tycoon tax’ follows the announcement this week of record super-profits across retail and mining sectors, and National Account figures showing the profit share of national income at the highest (30.3%) since records began, eclipsing last year’s new record1.

Read more

One Nation’s JobKeeper transparency stitch up

One Nation has let the Government off the hook on JobKeeper rorts, just as public pressure is mounting to unsustainable levels, the Greens say.

“Reporting which publicly listed companies received JobKeeper isn’t nearly enough as most of this information was already available,” Greens Economic Justice spokesperson Senator Nick McKim said.

“This stitch up covers less than 5% of the $90 billion in JobKeeper payments made  - private companies, private schools and foreign entities will be exempt, and we may never know how much they received.”

Read more

Workers lose as corporations gain

Companies claiming a bigger share of profits at the direct expense of workers shows the need to properly tax big corporations and the super wealthy, the Greens say.

National accounts figures released today show that the wage share of total income has fallen to just 50.6 per cent, the second lowest on record and lowest in 61 years.

The figures also show that profits share of income has hit 30.3 per cent, the highest on record.

Read more

Harvey Norman makes record profits as inequality soars

Harvey Norman’s record profits show the need to make big corporations and billionaires pay their fair share of tax, the Greens say.

“Harvey Norman is making super profits while millions of workers are trying to make ends meet in lockdown,” Greens Economic Justice spokesperson Senator Nick McKim said.

“Paying back some of the JobKeeper they took is a drop in the bucket compared to the massive dividends Gerry Harvey has paid himself and other shareholders."

"Harvey Norman only paid back part of JobKeeper, and only after being publicly named and shamed."

Read more

Australian Government needs to expedite bridging visas for Afghans

 

The Australian Government should immediately issue bridging visas to Afghan people in Afghanistan who have made substantive visa applications, the Greens say.

“The Government must expedite visas to give people at least a chance to leave Afghanistan and get to safety,” Greens Immigration and Citizenship spokesperson Senator Nick McKim said.

“We understand that the situation around the Kabul Airport is extremely dangerous and unpredictable, and people may not be able to access flights.”

Read more