Morning mail: push for ‘tycoon tax’, Australia pressured over coal, Paralympics closes
Monday: The Greens want a 40% tax on super profits' of big firms if next election ends in hung parliament. Plus: Salman Rushdie talks about his newest book
Good morning. The national summit on women's safety kicks off in Canberra today. The Greens pledged to push for a super profits tax in case of a hung parliament. Madison de Rozario took Australia's 21st gold medal in the marathon on the closing day of the Tokyo Paralympics. And the author of the Satanic Verses, Salman Rushdie, shared his plans to publish his newest book on ... Substack.
The Greens have announced they will push for a new 40% tycoon tax" as a condition for sharing power if the next election results in a hung parliament. The party would push a Labor minority government to introduce a tax on the super profits" of big corporations. The tax would raise $338bn in revenue over a decade, according to costings by the Parliamentary Budget Office (PBO) to be released on Monday. Greens leader Adam Bandt said the next election would be closer than people think, and that the party would seek to use a balance-of-power position in a hung parliament to make billionaire corporations pay their fair share of tax".
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