House debates

Thursday, 27 March 2025

Statements by Members

Budget

1:36 pm

Photo of Elizabeth Watson-BrownElizabeth Watson-Brown (Ryan, Australian Greens) Share this | | Hansard source

You get a coffee a week; fossil fuel corporations get almost $56 billion in subsidies. You get a coffee a week; property investors get $176 billion in tax handouts. You get a coffee a week; nuclear submarines get $375 billion over the next 10 years. You get a coffee a week; gas corporations get billions in tax exemptions, paying even less tax than previous years. You get a coffee a week; the salmon industry gets laws rewritten so they can profit hugely while killing off a species.

That's what cost-of-living relief looks like under Labor and the LNP. They'll promise teensy tax relief in 15 months time. Meanwhile, multinationals have had huge tax exemptions for decades. I don't think it's too much to ask that corporations who profit from exploiting Australia should pay tax in Australia, that corporations like gas companies, making obscene profits exporting our resources, should pay royalties on that gas and pay corporate tax on their income.

There is an alternative. Tax the big corporations to fund real cost-of-living relief so that we can see a GP for free, wipe student debt, put dental and mental health into Medicare and build affordable housing.