The Greens' plan 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.
Some of our revenue measures include:
BANK LEVY
Did you know
The big four banks made $14.4 billion in profit in just 6 months in 2022.
The Greens want to make the big banks pay a quarterly levy, which would raise billions of dollars over the next decade.
The big banks continue to make billions in profit, while rising interest rates put financial pressure on Victorians.
The big four banks – Commonwealth Bank, NAB, Westpac and ANZ – had a combined cash profit after tax of $14.4 billion for their half yearly results in 2022.
ONLINE GAMBLING TAX
Multinational online gambling companies are running riot in Australia.
In Victoria there is a 15% tax on the revenue made from Victoria customers, with the majority of the funds being sent back to support more gambling via propping up the horse racing industry.
The Greens' plan includes increasing the rate to 25% and using it to pay for the things we all need.
Together, we’re powerful.
With more Greens in parliament, we can tackle the climate crisis, make housing affordable and hold the major parties to account.