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Greens respond to poor Mid-Year Economic and Fiscal Outlook report card

The Mid-Year Economic and Fiscal Outlook released today highlights the Turnbull Government’s dead-end plan to balance the budget on the backs of the most vulnerable Australians, Leader of the Australian Greens Dr Richard Di Natale said.

​“There is one message in this MYEFO for everyday Australians: unless you’re a big corporation or Liberal Party donor, you don’t matter.”

“Malcolm Turnbull’s plan to hand out tax cuts to the wealthiest Australians while wage growth remains stagnant is a slap in the face to ordinary Australians doing it tough.” 

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Greens release costings for capital gains tax reform

The Australian Greens have today released Parliamentary Budget Office costings that show removing structural unfairness in the tax system through the discount on Capital Gains Tax (CGT) could generate as much as $74 billion over the next ten years, rising to $127 billion when negative gearing reforms that have warped the housing market are taken into account.

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