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Commbank’s $10 billion profit is a siren song on what is wrong with the Australian economy

Greens Treasury spokesperson, Senator Peter Whish-Wilson, responded today to the Commonwealth Bank’s record profit announcement.

“The announcement of a $10 billion profit by Commonwealth Bank is emblematic of what is wrong with the Australian economy.

“Despite having a record of bad behaviour as long as your arm, CBA is making record profits and paying their executives millions and millions while ordinary Australians watch their wages freeze and the cost of housing spiral out of control.

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Australian Greens introduce bill to urgently tackle inequality with an increase to income support payments

The Australian Greens have introduced a bill in the Senate that would increase woefully low Newstart and Youth Allowance payments by $110 a fortnight.

“It is well known that income support payments have failed to increase overtime to reflect modern day cost-of-living. Now anyone accessing Newstart is receiving a grossly low payment that keeps them struggling below the poverty line.

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Governments favour private toll companies over the public, say the Greens 

Australian Greens transport spokesperson, Senator Janet Rice, has said that Transurban’s record profit released yesterday, with a $187 million surge in one year, shows that they have been given too good a deal by the federal and state governments, at the expense of the toll-paying public.

 

“Transurban’s bumper profit surge demonstrates they’ve essentially been given a license to print money by governments at the expense of regular Australians who are already struggling with cost of living pressures,” said Senator Janet Rice.

 

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Centrelink continues to intimidate vulnerable Australians with threatening texts

The Government continues its agenda of intimidation of Centrelink recipients with threatening text messages to people following the letters recently sent from Centrelink with the Australian Federal Police’s logo. 

“The Government is deliberately targeting vulnerable people and trying to intimidate them, even though they have done nothing wrong.” Australian Greens Senator Rachel Siewert said today. 

“To follow up the threatening AFP letters that were sent out last week, Centrelink is now sending out text messages which are frightening and intimidating people. 

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Billson snubs parliamentary rules and collects extra $75,000

Lee Rhiannon 9 Aug 2017

Bruce Billson's apology for his flagrant breach of parliamentary rules is not good enough and he should donate to charity the money he received from a top lobby group while still a member of parliament, Greens democracy spokesperson Senator Lee Rhiannon said.

"What is the point of having rules for MPs and ministers if they can be breached with no consequences," Senator Rhiannon said.

"The Prime Minister's weak leadership is again on display with a third former Coalition government minister blatantly flouting parliamentary rules.

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Greens move in Senate to release postal plebiscite advice

Janet Rice 8 Aug 2017

Australian Greens LGBTIQ spokesperson Senator Janet Rice has lodged a notice of motion in the Senate requesting documents that lay out the advice the government has used to arrive at the postal plebiscite plan.

“Like many Australians today, we have many questions about the Government’s ludicrous postal plebiscite. The public deserves to know more about just how the government has cooked up this hair-brained idea,” said Senator Rice.

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Independent autopsy needed for Manus Island death

An independent autopsy is needed into the death of of Hamed Shamshiripour on Manus Island, Greens Immigration spokesperson Nick McKim says.

"It's important that people, including Hamed's fellow detainees, have confidence in the autopsy's findings," Senator McKim said.

"Hamed was Australia's prisoner, and it is the Australian government's responsibility to determine exactly how he died."

"Unfortunately, Hamed's death has shown how volatile and desperate the situation is in Australia's offshore detention centres."

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Greens stand with students to fight harsh uni cuts

The Australian Greens stand in solidarity with students protesting around the country today against the government's harsh university cuts.

"This government's attacks on students will not go unnoticed and will not go unchallenged," Greens higher education spokesperson Senator Sarah Hanson-Young said.

"The Greens stand in solidarity with students protesting against these cruel and unnecessary cuts. These harsh cuts will price young people out of an education and make it harder for them to repay their uni loans.

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The big bucks should stop with Ian Narev and his executives, who could still get a fat $10 million package

Greens Treasury spokesperson, Senator Peter Whish-Wilson, has labelled the decision by the Commbank board to cut just the short-term cash bonus of Ian Narev and his colleagues, while leaving the remainder of their bonuses in-tact as simply 'stunning'.

Senator Whish-Wilson said, “The big bucks should stop with the Commonwealth Bank CEO and senior executives. Not one of them should get a single cent in bonuses, whether those bonuses are in shares or in cash, or whether they relate to this year’s performance or the last four years.

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