Our plan is fully costed
The Greens will make the big banks, property developers and the gambling industry pay their fair share of tax so we can invest in climate action, affordable housing and public services for all.
The Greens don’t take big corporate donations and never will.
We’re fighting for you to make big corporations pay their fair share, to fund the things we all need for a better life.
Explore how we will pay for our plans
- Tax the big banks
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We’ll put a quarterly levy of 0.1% on Victoria’s share of bank liabilities, raising an extra $3+ billion a year. It’ll target the big five banks: ANZ, CommBank, Westpac, NAB, and Macquarie.
- Tax the gambling industry
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We’ll increase the tax on online gambling to 25% (like they have in the ACT), double the tax on table games at the casino, and raise the taxes on pokies to 75%. This would generate more than $2 billion a year.
- Tax the coal and gas giants
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We’ll double the existing royalties on coal and gas, raising about $80 million extra a year.
- Introduce an ultra-wealth tax
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The Ultra-Wealth Tax will increase land tax for property investors who own more than $5 million in residential investment properties, raising about half a billion a year.
