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Australian Greens’ Leader calls for big biz tax to bolster nation’s recovery

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Minister Adam Bandt is pushing for profit-making corporations to spend their extra dollars on helping those who are doing it tough.

Greens’ leader Adam Bandt calls for “super-profits” tax

The Australian Greens continue to put big corporations under the microscope, with the party pushing Labor to adopt a new 40 percent tax on the “super-profits” of big business.

Coined the tale of two pandemics, big corporations are making millions while small to medium-sized businesses are on the brink of bankruptcy.

Throughout the course of the pandemic, three mining corporations made $65 billion in profits between them while Harvey Norman increased their profits by 75 percent.

That’s why Greens’ Leader Adam Bandt is pushing for big profit-making corporations to pay more tax in a bid to equalise to the nation.

“During the pandemic, a lot of people have done it really, really tough and we’ve had millions of people lose their incomes,” Bandt says.

“[Meanwhile] big corporations and billionaires have been making out like bandits.”

If this tax was to come into play, Bandt says money owed would go towards including dental and mental health into Medicare while building more affordable housing.

The proposal would only apply to company’s who have a turnover of $100 million, with a focus placed on the mining sector.

Going in a different direction

While the government has previously acted on expert advice to endorse a super profits tax, the Greens plan to take a different approach.

“Some of the big giants like Apple are making huge profits in Australia, but are engaging in complex legal schemes which means that their profits go offshore,” Bandt says.

“We would instead capture the tax on the activity of those big multinationals here in Australia.”

The Greens’ minister says Australia should rely heavily on the profits of big corporations to kick-start the nation’s recovery, especially with many gaining political ground.

Additionally, big corporations are paying labor and liberal governments in donations to avoid paying tax, with Bandt saying the extra cash should be splashed on giving back to the Australian people.

“I think people would rather Clive Palmer send them less texts, and instead pay a bit more tax.”

Bandt’s view on Newscorp’s climate announcement

Moving onto the ongoing climate emergency, Bandt says Newscorp’s latest announcement to end its long standing editorial hostility towards carbon reduction policies and hit net zero emissions by 2050, comes little too late.

A call to action is now in place for more to be done by the news company by 2030, a deadline which was set by scientists.

“If we don’t take action before 2030 then what we do in the decades after may not matter because we will have missed the window of reining in unstoppable climate change.”

The United Nations is calling on Australia to drop the use of coal by 2030, a position heavily supported by the Greens who aim to turn this into legislation.

“That’s what Labour, Liberal and Murdoch need to get behind because by 2050, it could well be too late.”

Written by Rebecca Borg

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Electric vehicles transform last mile delivery market

Australia’s last-mile delivery is rapidly adopting electric vehicles, fueled by green initiatives and insights from expert Joe Sofra.

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Australia’s last-mile delivery is rapidly adopting electric vehicles, fueled by green initiatives and insights from expert Joe Sofra.


The shift towards electric vehicles (EVs) for last mile delivery is accelerating globally, with Australia expected to see significant growth.

Companies and retailers are increasingly adopting greener solutions, driven by supporting government initiatives.

Joe Sofra from ANC discussed the current state of the last mile EV market.

#ElectricVehicles #Sustainability #LastMileDelivery #Innovation #Australia


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Trump gives Hamas ultimatum for Gaza peace plan acceptance

Trump gives Hamas deadline to accept Gaza peace plan amid rising pressure from Arab states and ongoing conflict in the region

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Trump gives Hamas deadline to accept Gaza peace plan amid rising pressure from Arab states and ongoing conflict in the region

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In Short:
– Trump gives Hamas three to four days to accept a U.S.-backed Gaza peace plan, warning of consequences.
– Hamas calls the plan biased and insists on a complete Israeli withdrawal before considering any agreement.
U.S. President Donald Trump has given Hamas three to four days to accept a U.S.-backed peace plan for Gaza, warning of severe consequences if they reject it.The plan, shared by mediators Qatar and Egypt, emerged after Israeli Prime Minister Benjamin Netanyahu endorsed it during a visit to the White House. Hamas, which was not part of the talks, is expected to review the proposal that calls for disarmament, a previously rejected demand.

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Trump stated that support for the plan came from both Israeli and Arab leaders, and he emphasised the need for Hamas to respond promptly. The proposal includes a ceasefire, hostage exchanges, an Israeli withdrawal from Gaza, and disarmament of Hamas, along with a transitional government.

A Hamas source described the plan as biased towards Israel and containing unacceptable conditions.

The group maintains that a complete Israeli withdrawal is a prerequisite for their agreement to any deal, while they are unwilling to disarm.

Pressure Mounts

Hamas faces significant pressure as foreign ministers from Saudi Arabia, Jordan, the UAE, Qatar, and Egypt have supported the initiative. Turkey’s intelligence head is also set to join discussions in Doha, marking a new level of mediation.

Despite expressing initial support, Netanyahu is cautious about the plan’s implications for Palestinian statehood and faces pressure from his coalition. Public sentiment in Gaza reflects a desire for peace, albeit with scepticism about the sincerity of both Trump and Netanyahu’s commitments.


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Trump shocks Hollywood with 100% film tariff

Trump proposes a 100% tariff on foreign movies, potentially reshaping Hollywood and affecting international co-productions. #Trump #Hollywood

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Trump proposes a 100% tariff on foreign movies, potentially reshaping Hollywood and affecting international co-productions. #Trump #Hollywood


Donald Trump has rocked Hollywood with a proposal to impose a 100 per cent tariff on all movies made outside the United States.

The move, aimed at reshaping the entertainment industry, could force studios to shift production back home and disrupt international co-productions

#Trump #Hollywood #FilmIndustry #Movies #TradeWar #TickerNews


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