Greens Leader, Adam Bandt MP, says Labor’s appeasement to right-wing flat tax reforms and keeping tax breaks for trusts and property investors is a death knell for Australian egalitarianism. 

Quotes attributable to Greens Leader, Adam Bandt MP:

“Liberal and Labor are now in lockstep on tax cuts for the rich, sounding the death knell for social democracy. Liberal and Labor are marching Australia towards US-style inequality. 

The Australian Greens have slammed the government’s final budget for making housing more expensive, locking in tax cuts for the wealthy and funding more coal and gas projects rather than acting on the climate crisis.

The Liberals' final budget contains more than $37.6 bn for coal, oil and gas, gives $13bn of public money to property investors, and has no new money to build affordable housing.

The Greens want government invest to build a million affordable homes.

Quotes from Leader of the Australian Greens, Adam Bandt MP:

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.

Greens Treasury spokesperson, Senator Peter Whish-Wilson, says that Scott Morrison’s supply-side economics response to his worsening budget deficit will do nothing to address the budget position and will only exacerbate inequality.