Viewing articles in Portfolio:

Treasury

Filter Articles

Tax reform an opportunity to act on climate, inequality

The Greens say any change to Australia's tax system must be progressive, correcting rising inequality and acting on global warming.

"The whole point of tax is to raise the revenue we need to pay for the Australian society we want: caring, innovative, healthy, and protected from the impacts of global warming" said Greens Leader Christine Milne.

"That means ending taxpayer support of polluting fossil fuels; it means actually collecting the tax owed by corporate Australia and multi-nationals, and it means closing tax loopholes for the richest among us.

Read more

PM Abbott’s vision for Australia: "dull" just camouflage for damaging, extreme

Greens Leader Christine Milne says the thousands of people who've taken to the streets today for the March in March are crying out for a vision from Australia's political leaders, which delivers in the public interest, not just business as usual for vested interests.

"People are just so disillusioned. We all know we don't want the cruel cuts on offer from the Abbott government, but we also deserve better than a dull budget that preserves the status quo and holds Australia back," said Senator Milne.

Read more

Intergenerational Report ignores global warming and must be rewritten by PBO

The Greens say the Abbott government has destroyed all credibility in the Intergenerational Report process by ignoring global warming and with partisan politics. The Greens will move in the Senate to require the Parliamentary Budget Office to rewrite this and all future reports.

"There's nothing new in this report and it ignored global warming. It is pure politics and utter rubbish," Greens Leader Christine Milne said.

"It must be rewritten by the independent Parliamentary Budget Office in order to restore credibility to the Intergenerational Report process.

Read more

Speech: Export Finance and Insurance Corporation Amendment (Direct Lending and Other Measures) Bill 2014

Senator RHIANNON (New South Wales) (09:43): The first part of the Export Finance and Insurance Corporation Amendment (Direct Lending and Other Measures) Bill 2014 does extend the mandate of Efic's activities from supporting the export of capital goods, to all goods. So we are really going from a situation where so many of Efic's loans went for large mining projects and the infrastructure that supported them, and other related projects, to really being about services, consumer goods and many aspects of what are called SMEs, small and medium sized enterprises.

Read more

A super system for everyone, not just the rich

The Greens have announced a new policy to make superannuation more equitable and raise $10 billion over the forward estimates. ‘A super system for everyone' will replace the current flat superannuation tax rate of 15% with a progressive system that is closely based on a person's marginal income tax rate.

"Superannuation in Australia has become a tax haven for the wealthy. It should be a way of delivering a comfortable retirement for everyone," Greens Leader Christine Milne said.

Read more

Greens offer to shift company tax burden

With ongoing confusion about Coalition leadership and the government's position on company tax and a big business levy, the Greens are prepared to consider a two-tiered company tax system, combined with stronger anti-avoidance measures.

"Business wants certainty and there's none to be found in the Liberal leadership. Regardless of who leads the government they have an opportunity to restructure company tax to make the big end of town pay its way," Greens Leader Christine Milne said.

Read more

Senate calls for Liberals to take fresh approach to budget

The Senate has this afternoon endorsed a Greens motion that calls on Treasurer Joe Hockey to raise revenue from the big end of town instead of imposing cuts on Australians who can least afford it.

"The Liberals have been running a protection racket for big business, at the expense of the community. That's why their government is failing," said Greens Leader Christine Milne.

"Whatever happens with their leadership in the coming weeks, I just hope the Liberals learn that they can't keep using government to protect tax avoiders at the big end of town.

Read more

Greens say big business leaners should pay more, not ordinary Australians

Australian Greens Leader Christine Milne says a campaign by big business to be released from paying a 1.5% levy is ridiculous while the Liberals push ahead with their cruel cuts to people who can least afford to pay.

"If the Liberals had really listened and turned over a new leaf, they would be raising revenue from the big end of town instead of the poor, the sick and students," said Senator Milne.

"The Liberals should rule out proceeding with a tax cut to big business. They are the leaners in Australia and should pay more. They don't deserve a tax cut. "

Read more

Greens say Joe Hockey’s budget strategy drives inequality

Greens Leader Christine Milne says the Abbott government is determined to worsen inequality in Australia, with a cruel budget strategy that attacks the vulnerable and lets the big end of town off the hook.

"Joe Hockey needs to listen to the community and completely change tack in 2015: try running the country for the benefit of all, not ruining it for all but the wealthiest one per cent," said Senator Milne.

Read more

Treasurer’s early Christmas gift to big corporates

Acting Greens Leader Adam Bandt MP says the Treasurer has handed the big end of town an early Christmas gift while continuing his vicious attack on the young, the old, the sick and the poor.

“Mr Hockey is no scrooge, he’s left a gift for his corporate mates under the giving tree just in time for Christmas,” Mr Bandt said.

“The Abbott government method is to take from the poor and give to the rich.”

Read more