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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

Ukraine Crisis

Zelensky addresses the U.N. as protests break out in Russia

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Zelensky addresses the U.N. as protests over Putin’s mobilisation plan break out in Russia

Ukrainian President Volodymyr Zelensky addresses the U.N. General Assembly in New York.

Zelensky says his nation just wants peace and believes Russia should be punished and ostracised for its actions.

“A crime has been committed against Ukraine and we demand just punishment. The crime was committed against our state borders. The crime was committed against the lives of our people,” Zelensky said. “Ukraine demands punishment for trying to steal our territory”.

In the powerful speech, the Ukrainian President also called for Russia to lose its U.N. veto power. Russia is currently one of the five permanent members of the Security Council.

He is also seeking more military aid, pleading for more weapons to help liberate his country’s land.

Protests engulf major Russia cities

In Russia, police have arrested hundreds of protestors who are rallying against Vladimir Putin’s military mobilisation.

Human rights group OVD Info estimates more than 1,000 people have been taken into custody so far. The largest number of arrests were made in St Petersburg and Moscow.

As the Kremlin announced its intention to call up thousands of extra troops to fight the warn in Ukraine, flights departing Russia sold out almost immediately.

The mobilisation will likely see at least 300,000 military reservists drafted to bolster Russia’s forces.

In Moscow, the prosecutor’s office is warning that calls on the internet to join protests, or participation in these protests, could result in up to 15 years in jail time.

Russia’s disinformation laws about the war have made public demonstrations rare.

In his first national televised address since the war began, Putin said he will use “all available means” to protect Russian territory.

In theory, this could include nuclear weapons.

NATO Secretary General Jens Stoltenberg says the alliance remains vigilant.

“We will make sure that there is no misunderstanding in Moscow about exactly how we will react. Of course it depends upon what kind of situation or what kind or weapons they may use. The most important thing is to prevent that from happening and that is why we have been so clear in our communications with Russia about the unprecedented consequences,” Stoltenberg said.

Meanwhile, Putin’s mobilisation follows weeks of heavy losses for Russia in Ukraine, with Kyiv recapturing a huge area just east of Kharkiv.

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Ukraine Crisis

U.S. to provide Ukraine with tanks in the future

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U.S. to provide Ukraine with tanks in the future, but there is a catch

The U.S. will provide tanks to Ukraine in the future, but issues with maintenance and training may delay the rollout.

Ukraine has received billions of dollars worth of weapons and military equipment, allowing the war-torn nation to defend itself against Putin’s regime.

Russian forces are continuing to “conduct airstrikes that are impacting civilian infrastructure”, most recently striking a “dam near Kryvyi Rih”, according to a top U.S. official.

“This disturbing pattern which includes strikes that hit power stations last week continues to show Russian forces’ disregard for civilian life,” the official added.

When it comes to further military aid, the offical confirmed tanks are “absolutely on the table”, but are not an option for the immediate battle.

Once training, maintenance and sustainment issues are addressed, the roll out is more likely.

This follows verified reports Ukraine has successfully shot down 55 Russian
fighter jets.

Ukrainian President Volodymyr Zelensky vowed there would be no let-up in fighting to regain
territory lost to Russia.

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Ukraine Crisis

Mass burial site discovered in Ukraine

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A mass grave with over 400 bodies has been found in Ukraine’s Kharkiv region

The price of war is beginning to reveal itself in Ukraine as a mass grave, with over 400 bodies has been discovered in the recently liberated Kharkiv region.

The burial site was found in the city of Izyum, an area captured by Russian forces at the beginning of the war, and a victim to ultimate brutality.

Over recent days, Ukrainian forces have recaptured the area. So far, they have discovered over 1000 bodies in the city, with this number rising every day.

The mass grave site shows the extent of Russia’s atrocities, although Russia denies responsibility.

Ukrainian President Volodymyr Zelensky is launching an investigation and says “Russia leaves death everywhere and it must be held accountable for that.”

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