Today Greens leader Adam Bandt will address the final Greens National Conference of the year announcing a major pillar of the Greens’ Tax the Billionaires election campaign: the plan to End Multinational Tax Avoidance by clamping down on tax exploits and improving the transparency of company and ATO reporting.

The Parliamentary Budget Office has indicated the policy would claw back around $4.5 billion for the public purse.

The Greens will today announce key election policies, including a ‘billionaires tax’ to help fund genuinely free public schools, dental into Medicare and a job for everyone who wants one. 

With the party considering an election in November of this year still a possibility and a minority parliament the most likely outcome, Mr Bandt will push for a tax on billionaires & corporate super profits as part of dealings with a future shared power government.

The Greens Treasury spokesperson has criticised Malcolm Turnbull for continuing to push for tax cuts that would drive the budget further into structural deficit, and lead to more cuts to services and support for the less well off.

Senator Whish-Wilson said, “When all you have is a hammer, then everything starts to look like a nail, and that is exactly how the Turnbull Government sees economic policy.

“No matter what problems arise in the economy, the only response the Turnbull Government has is a corporate tax cut.

The Mid-Year Economic and Fiscal Outlook released today highlights the Turnbull Government’s dead-end plan to balance the budget on the backs of the most vulnerable Australians, Leader of the Australian Greens Dr Richard Di Natale said.

​“There is one message in this MYEFO for everyday Australians: unless you’re a big corporation or Liberal Party donor, you don’t matter.”

“Malcolm Turnbull’s plan to hand out tax cuts to the wealthiest Australians while wage growth remains stagnant is a slap in the face to ordinary Australians doing it tough.”