Our economy is working for big corporations and billionaires, not everyday Australians. Let’s fix it.

Australia is one of the wealthiest countries in the world. But we still have record waits for public healthcare, and a growing housing and cost-of-living crisis, all while billionaires earn $67,000 an hour and 1 in 3 corporations pay zero tax.

It’s obvious that the odds are rigged in favor of an extremely wealthy few, and it’s not hard to see why. In the last 10 years, big corporations have donated millions of dollars to Labor and the Coalition, leaving them beholden to the wills of their mega-donors. 

The Greens don’t accept corporate donations, so we’ll fight for you. Under our plan to tax billionaires & big corporations, we’ll raise $514 billion to ensure everyone in this country has what they need to live a good life:

The Greens plan for a better future:

• Introduce a 40% excess profits tax on corporations like Chevron and Santos with over $100 million in turnover to curb corporate greed and drive investment in public services and infrastructure.
  
• Fund essential services like affordable housing, Medicare, and public infrastructure by introducing a 10% annual tax on billionaires’ net wealth, raising $23 billion over the forward estimates and $50 billion over a decade.
  
• Stop big oil & gas corporations paying $0 in tax by closing loopholes – and raising royalties so Australia gets its fair share from resources owned by the public.
  
• Ensure billionaires and multinational corporations can't dodge their fair share by limiting capital flight to 10% per year, stopping wealth hoarding and tax avoidance.

Learn more about our plan here

Read the parliamentary budget office’ independent costings of our excess profits tax here