Greens to make gas corporations pay their fair share of tax

On Wednesday, Greens Leader Adam Bandt and Greens spokesperson for Mining and Resources Senator Dorinda Cox will be in Karratha, WA to launch the final component of the Greens’ Tycoon Tax, which will end tax breaks for corporations undertaking offshore gas extraction in Commonwealth waters and oblige them to pay royalties on the natural resources that rightfully belong to the people of Australia.

The Greens will push the new tax in balance of power in the Senate after the next election.

The Greens’ plan will repair the broken superprofits tax on the profits of oil and gas corporations operating in Gorgon, Wheatstone, Pluto and Prelude gas fields and require them to finally pay royalties on the gas they currently extract and sell for free. The plan is costed by the PBO and is expected to return at least $92.3 billion to the budget over the decade, bringing the total revenue that will be raised by super profits taxes on tycoons to $430 billion.

The Australian Tax Office has referred to the gas industry as “systemic non-payers of tax”. The combined value of the tax credits held by gas corporations is bigger than the GDP of Finland or Portugal at $282 billion. Despite gas revenues reaching tens of billions of dollars each year, the ATO expects no significant tax revenue from gas companies until “the mid-2030s”. Many  of these gas companies will never pay any tax at all under the current laws.

Greens analysis of the latest year of corporate tax data shows there are 27 gas companies that earned $77,088,581,964 in revenue without a single cent in tax being paid between them.

Chevron is the worst offender: they dominate WA’s gas market through Gorgon and Wheatstone, yet not once in all the years of corporate tax data have they ever voluntarily paid any company tax or PRRT (Petroleum Resource Rent Tax). 

An aged care nurse in Karratha would have paid more tax in one month than Chevron has voluntarily paid in seven years from their $39,957,988,302 of income. 

Revenue raised through wiping tax credits and implementing royalties will fund urgent national priorities including hospitals and housing, as well as supporting national cost of living measures such as getting dental and mental health into Medicare, building affordable housing, making childcare free, fixing Centrelink including raising all rates and lowering the age pension back to 65 and wiping student debt. 

Qatar exports the same amount of LNG as Australia, they raise around $37 billion AUD a year from their gas companies, yet Australia couldn’t even manage to raise $2 billion from a broken super profits tax.

Australian Greens leader Adam Bandt MP said:

“In just one year, 27 big gas corporations brought in $77b in income but paid no tax. 

“When a nurse pays more tax than a multinational, something is seriously wrong.

“The Greens will make big gas corporations pay their fair share of tax to help get dental into Medicare.

“Australia’s natural resources belong to the people, but Liberal and Labor are giving away our gas for free, losing billions of dollars that should be funding hospitals and schools.

“The people of WA currently contribute more tax through car registrations than the multi-billion dollar gas industry pays for gas. 

“WA is being taken to the cleaners by big coal and gas corporations, and Australians are being ripped off.

“No other business gets their raw materials for free, but Woodside, Chevron and Exxon get free gas from this tax rort and then make obscene profits that they send offshore.

“Mining and burning coal and gas isn’t just driving the climate crisis, these big corporations are driving the cost of living crisis too.”

Senator Dorinda Cox, Australian Greens Senator for Western Australia said:

“Real climate action means phasing out gas and coal by 2030, and keeping new gas and coal in the ground. Both the Liberals and Labor back more gas and coal. They take millions in donations from gas and coal billionaires & big corporations.

“Western Australia is in a climate crisis caused by the mining and burning of gas and coal. Our state currently gets more revenue from car registrations than we do from the multi-billion dollar gas industry. At a time of climate crisis, Western Australia is the only state where climate polluting emissions are going up, not down.

“By making gas corporations pay their fair share of tax, the Greens will power a clean energy revolution that will create hundreds of thousands of well-paid, long-term jobs, enabling workers in fossil fuel industries to transition away from polluting industries and into the clean, green renewable energy jobs.

“By making every billionaire and corporation pay their fair share, we can build a safer future for all of us. We will use this money to deliver real climate action, build 118,000 new homes in WA to tackle the housing crisis and include dental and mental health care into Medicare.”

Young people betrayed on housing affordability

Australian Greens Housing spokesperson Senator Mehreen Faruqi has said that a new Resolve Strategic poll has told a sorry story about the Coalition and Labor’s abandonment of young people on housing security and affordability.

67 per cent of people aged 18-34 now agree that many younger people who haven’t already bought a home will never be able to do so.

Senator Faruqi said:

“Young people can see through the Coalition and Labor’s complete policy-fail on housing and the cost of living.

“The major parties have dropped the ball on this. They are condemning young people out of house and home.

“The Coalition and Labor are committed to entrenching the unfair status quo through initiatives like the Home Guarantee Scheme, which will further fuel the housing crisis.

“What we need is a big, bold plan to match the scale of the problem and this is what the Greens will deliver.

“We will push the next government to build one million new homes over 20 years, including 125,000 new homes for purchase through a shared equity arrangement with the Commonwealth.

“We have to wind back negative gearing and the capital gains tax discount, and strengthen renters’ rights, including by capping rent increases.

“Housing is a human right and solving the housing crisis should be a top priority for every party at this election.”

Greens call for Government-led compensation for First Nations funeral policyholders

“We struggle to survive in this Country, and we can’t even rest in peace,” said Greens Senator Lidia Thorpe. This comes as funeral funds at Youpla Group went into liquidation last month, leaving up to 15 000 First Nations people out of pocket for funeral expenses.

“My nan, Edna Brown, founded the Aboriginal Funeral Benefits Fund to stop First Nations people being buried as paupers in unmarked graves. That was in the 1960s. In 2022, our family members are being left in morgues while community saves for sorry business, or they face being buried as paupers! It’s devastating.”

“In 2019, the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry recommended urgent regulation of the funeral insurance industry, noting that it exploited First Nations communities. What has this Government done about it?”

“The Coalition allowed Youpla Group to continue to trade and target First Nations people. This Government’s failure to regulate the industry has caused these losses, they have a duty to compensate policyholders. This is about dignity. This is about respect.”

“This could be resolved by a Government, who seem to have no trouble bailing out their mining and corporate mates. The hypocrisy of this Government, to facilitate the ongoing loss and pain in our communities is a national shame,” said Thorpe.

“They built trust with their name and then took money from vulnerable people. We’re not talking about people with big incomes, they were taking money from some policyholders that would have been equal to about 25% of their small income,”  said Ngemba woman and Greens candidate for Parkes Trish Frail.

NSW Greens senate candidate David Shoebridge said the Morrison government’s failure to protect policyholders means it now has a responsibility to compensate them.

“Vulnerable people were preyed on under the Morrison government’s watch, it’s time to ensure that First Nations policyholders are protected financially while they are grieving,” Mr Shoebridge said.

Wiradjuri woman, Beverly Roberts joined one of Youpla’s funds in 1994, soon after she’d lost 4 family members in the space of a year. She covered herself and close family members, most recently paying the funeral fund up to $87 a fortnight.

“When I joined twenty eight years ago I wasn’t a diabetic, and I didn’t have leukemia. Now that I have those diseases, what are my chances of another funeral fund covering me? None!”

“Who’s going to pay for my funeral now? All that money is gone and I’m so wild about it.”

The Greens are proposing two forms of relief: 

  • For the Government to honour the policies to cover funeral expenses for any death of a First Nations policyholder of the Youpla Group.
  • To repay insurance premiums paid by all other First Nations policyholders over the past decade so that they can have a reserve available to meet funeral expenses.

Labor Will Back Veterans’ Organisation Disaster Relief Australia

An Albanese Labor Government will provide more support to Australians rebuilding their lives after natural disasters by boosting funding for a Veteran-led disaster response organisation.  
 
Disaster Relief Australia (DRA), a fully-Veteran led organisation, has been working since 2016 to provide relief to communities in the wake of natural disasters, deploying hundreds of veteran volunteers across Australia and the world.  
  
Under an Albanese Labor Government, Disaster Relief Australia will receive $38.1 million over three years to expand this program. 
  
The funding will allow DRA to add another 5,200 volunteer veterans to its ranks – a total of 6,700 veteran volunteers able to provide over 13,600 volunteer days per annum. 
  
The funding covers costs relating to deployment, recruitment, equipment, and training. 
  
Over the last three years, Australia has watched Scott Morrison refuse to take responsibility and go missing in action when natural disasters have struck. 
  
Now, as communities recover from devastating floods, Scott Morrison has politicised flood recovery, caring more about who flood victims voted for than what help they need. 
  
An Albanese Labor Government will put Australians first. We will increase support for organisations like the DRA assisting on the ground and never use recovery funding as a political football.

$50 million to turbocharge South Australian defence jobs

The Morrison Government will invest $50 million to create a new business and research partnership with the University of Adelaide to help build new defence technologies and products, creating 1,000 new jobs.

The University of Adelaide will work with 52 business partners – including 35 small businesses, and the University of New South Wales – to develop and build Australia’s sovereign defence industry in increasingly uncertain times.

The project aims to develop 100 new defence products and the University of Adelaide estimates it will create 1,000 new jobs over the next four years.

Prime Minister Scott Morrison said the University of Adelaide is the second Australian university to receive funding through the Trailblazer program which is designed to focus Australia’s considerable research power on Australia’s National Manufacturing Priorities.

“Our national economic plan is supercharging Australia’s research and development, creating more jobs and helping build a stronger economy for a stronger future,” the Prime Minister said.

“We are investing $270 billion in building our sovereign defence capability, creating jobs right around the country, and through our Trailblazer program we will now back in Australia’s brightest and best to develop new defence industry technology and products.”

Acting Minister for Education and Youth Stuart Robert said the University of Adelaide and its industry partners have promised $188 million in co-investment, matching public funding by more than 3 to 1.

“The investment of industry partners, and especially by the 35 partner small businesses, shows that our homegrown defence firms are hungry to innovate and to help secure Australia in the increasingly uncertain Indo-Pacific strategic environment,” Minister Robert said.

“This project will help harness the cutting-edge defence research being done in our top universities, and ensure that our defence forces have access to defence technology at the global cutting-edge, including applications of quantum materials, hypersonics and robotics.

“This Trailblazer funding means more jobs right here in Australia, a stronger economy and stronger national defence.”

The University of Adelaide is the second successful Trailblazer to be announced, with further announcements expected in coming weeks.

Curtin University was selected as a Trailblazer from a two-stage competitive assessment process where universities were required to submit expressions of interest and then more detailed business cases.

The Morrison Government has invested $362 million in the Trailblazer Universities program – an initial $243 million announced in November last year and an additional $119 million through our Regional Accelerator Program announced on Budget night. This is part of the Government’s $2.2 billion University Research Commercialisation Action Plan, which will focus the considerable research power of our universities on Australia’s National Manufacturing Priorities.

$30 in million leadership, research and training grants to reduce suicides

Australia’s leading suicide prevention and mental health organisations are among the recipients of $30 million in funding for workforce training, research and national leadership initiatives aiming to reduce the tragic toll of suicide in Australia.

Funded through the 2021-21 Budget’s expansion of the National Suicide Prevention Leadership Support grant programme, leading mental health groups will receive funding for national advocacy, research translation, and evidence-based training for communities and organisations, with programs to be delivered across Australia.

Minister for Health, Greg Hunt, said the program was an important part of the Government’s commitment to suicide prevention.

“In 2020, there was a 5.4 per cent reduction in the number of suicides compared to 2019, with the national rate of 12.1 per 100,000 being the lowest recorded since 2016.

“While the reduction in the rate is encouraging, still far too many people die by suicide every year. Our Government is committed to working towards zero suicides, recognising the immense value of each and every life.”

The funding includes investment in Suicide Prevention Australia’s work to deliver national leadership by informing, influencing and building capacity in the suicide prevention sector.

The University of Melbourne will receive funding to strengthen the evidence of suicide prevention models and translate it into policy and practice.

Training is an important focus of the new investments. headspace National will receive funding to help university staff identify mental health issues, and Mental Health First Aid International and Wesley Community Services – Lifeforce Suicide Prevention Training will receive support to increase the reach of their respective training programs.

Wesley Lifeforce will also continue their work through the Wesley LifeForce Suicide Prevention network, building the capacity of communities to respond to and support those at risk within their region. Black Dog Institute will deliver evidence-based suicide prevention support services to Primary Health Networks, to increase reach and support for at-risk communities.

Assistant Minister to the Prime Minister for Mental Health and Suicide Prevention, David Coleman, said the new funding ensures the future of existing and successful programs and invests in innovative, new and emerging projects or strategies.

“Through record investments, the Morrison Government continues to transform the mental health and suicide prevention system to ensure that it delivers innovative, effective and person-centered care when and where it is needed,” Assistant Minister Coleman said.

“The program reflects our multifaceted approach to suicide prevention which aims to ensure that every Australian can be supported in the way that works best for them,” Assistant Minister Coleman said.

Funding for these projects forms part of the Morrison Government’s latest round of the newly expanded National Suicide Prevention Leadership and Support Program, an investment of over $114 million through the 2021-22 Budget.

Suicide prevention is a key pillar of the Government’s landmark National Mental Health and Suicide Prevention Plan.

The Plan recognises Australians deserve a system that acts early to help people before mental health conditions and suicidal distress worsen, and that whole-of-government and whole-of-community changes are needed to deliver preventative, effective and compassionate care.

Since 2012–13, the Coalition Government’s investment through the Health portfolio in mental health and suicide prevention has more than doubled, growing from $3.3 billion to an estimated $6.8 billion in the 2022–23 Budget.

This is in stark contrast to Mr Albanese’s time in Cabinet, where Labor cut funding for mental health.

In the 2011-12 Budget, Labor announced a $580 million cut to Medicare subsidised mental health services, including a reduction in the number of Medicare sessions available under Better Access from 18 to 10 per year and a reduction in Medicare rebate for preparation of mental health treatment plans by GPs.

Anyone experiencing distress can seek immediate advice and support through Lifeline

(13 11 14), Kids Helpline (1800 55 1800), or the Government’s digital mental health gateway, Head to Health.

If you are concerned about suicide, living with someone who is considering suicide, or bereaved by suicide, the Suicide Call Back Service is available at 1300 659 467 or www.suicidecallbackservice.org.au.

Joint Statement on Solomon Islands

Australia is deeply disappointed by the signing of a security cooperation agreement between Solomon Islands and China, announced by the Chinese Government.

We respect Solomon Islands’ right to make sovereign decisions about its national security.

Our consistently stated view, including from the perspective of Australia’s national interests, remains that the Pacific family is best placed to meet the security needs of the region.

We are concerned about the lack of transparency with which this agreement has been developed, noting its potential to undermine stability in our region. We continue to seek further clarity on the terms of the agreement, and its consequences for the Pacific region.

We welcome recent statements from Prime Minister Sogavare that Australia is Solomon Islands security partner of choice, and his commitment that Solomon Islands will never be used for military bases or other military institutions of foreign powers.

Australia is consulting the Pacific family in the spirit of regional openness and transparency in a manner consistent with our regional security frameworks.

Through RAMSI and again in response to the recent unrest, the Pacific family has always supported the Solomon Islands to address their security needs. We will continue to strongly encourage the Solomon Islands to engage in regional dialogue and to work with the Pacific family first, including prior to seeking security assistance from China under this arrangement.

More natural air ventilation systems for NSW schools

A boost to natural ventilation is headed to more than 10,000 public school classrooms with the rollout of automatic fresh air ventilation systems, as the NSW Government bolsters protection against COVID-19 for school communities.

Minister for Education Sarah Mitchell said the $100 million Air Quality Assurance Program is focused on delivering permanent improvements to natural ventilation in classrooms, based on evidence and expert advice.

“The World Health Organisation, the Doherty Institute and NSW Health agree that maximising natural ventilation in classrooms by opening windows and doors remains the most effective method for minimising the spread of COVID-19 – and this is the foundation of our approach in schools,” Ms Mitchell said.

“The NSW Government is committed to keeping students learning face to face at school and is taking steps to ensure that we maximise fresh air in our classrooms. Installation of these systems will further enhance the quality of air in our classrooms.”

The Air Quality Assurance Program was announced in October 2021 following the comprehensive audit of more than 150,000 spaces across all NSW public schools. The audit, combined with independent, expert advice from building services consultant Steensen Varming, has guided the targeted approach to ventilation in schools.

The 10,000 classrooms newly identified to receive automatic fresh air ventilation build on the 2,000 classrooms announced last year.

The program is supporting permanent upgrades to windows, ceiling and exhaust fans, additional servicing of ventilation systems, procurement of 19,000 air purifiers and the ongoing installation of automatic fresh air ventilation systems.
In addition to the Air Quality Assurance Program, permanent fresh air ventilation systems are also being progressively installed in thousands of classrooms as part of the NSW Government’s $500 million Cooler Classrooms program.

As at February 2022, more than 5,500 classrooms and 380 libraries have had systems installed under this program.

Type 1 Diabetes community call for funding for an insulin pump that has already been promised and approved by the government  

The Type 1 Diabetes community are calling on the government to keep its commitment to fund a new insulin management system. While many welcomed the election promise from the Coalition and Labor to fund continuous glucose monitoring for people with Type 1 Diabetes, those who had been waiting for good news about the reimbursement of the Omnipod DASH System have been left disappointed. 

Users are currently paying for the technology out of their own pocket despite commitments from the outgoing Federal Health Minister, Greg Hunt. In late 2021, Mr Hunt told the media of Omnipod, “I guarantee if they approve it, we will fund it.” Despite being approved and recommended for funding, no further announcements or financial commitments have been made from either side of the political aisle.

Stacey Moragiannis, a Melbourne resident who has been living with Type 1 Diabetes for 43 years, has been advocating for better access to diabetes management technologies. Ms Moragiannis has been using Omnipod DASH System since November 2021 and no longer feels like a ‘diabetic’.

“I had a complete change of my lifestyle and now can do anything without being stressed about the amounts of insulin I need. I no longer feel like a Type 1 Diabetic. I am currently self-funding Omnipod by drawing down on my mortgage. I am fearful that without public subsidy, I will not be able to self-fund for much longer and I will have to come off Omnipod therapy,” said Ms Moragiannis.

Kelly Caven, a Queensland resident whose son Liam is an Omnipod DASH System user, says her family is self-funding the Omnipod at over $400 per month which has caused a huge financial and mental burden. 

“The government needs to be held accountable in providing a reasonable timeframe for funding so that more kids like Liam can access it,” Says Ms Caven. 

The Coalition committed $273M to deliver continuous glucose monitoring devices and this was quickly matched by Labor. People with Type 1 Diabetes who use the Omnipod DASH – a discreet, tubeless insulin pump – have been left out of any benefits as the technology does not fit with current funding models. 

Joanna Sader, Country Manager for Insulet Australia, says the company is doing everything it can to secure public funding for its Omnipod DASH system. 

“The Omnipod DASH insulin delivery system has been rigorously approved and a commitment was made by Minister Hunt to fund this technology. The Diabetes community need to know when this will happen. Hopefully good news will be coming,” said Ms Sader. 

Inclusion of Omnipod DASH System on the NDSS (National Diabetes Services Scheme) would create important equity of access for Australians living with Type 1 Diabetes. The type 1 diabetes community remains hopeful that the government will follow through on its funding promise prior to the federal election in May. 

Labor joins Liberals to aid the enemy on climate

The Greens leader, Adam Bandt, says that Anthony Albanese’s unconditional surrender to the Liberals on coal means Labor has given up on climate action, the Paris Agreement and is now aiding the real enemy with 114 new coal and gas projects.

Neither the Liberal or Labor emissions targets are in line with the science or Paris Agreement, and even their weak targets don’t take into account the 114 new coal and gas projects on the books. 

The Greens are pushing for a freeze on all new coal and gas projects.

Greens Leader, Adam Bandt MP said:

“This is a dark day in the fight against global warming.

‘I challenge Scott Morrison and Anthony Albanese to look the people of Cobargo, Mallacoota, Lismore or Ballina in the eye and tell them opening a new coal mine is a good idea. 

“Coal and gas are the main causes of the climate crisis, but Labor and Liberal want more.

“We’re in the fight of our lives against the climate crisis, but Liberal and now Labor are aiding the enemy by backing more coal and gas. Liberal and Labor are backing 114 new coal and gas projects around the country.

“Liberal and Labor say they care about the climate crisis, but talk is cheap. If you open new coal mines, you’re not serious about climate. 

“You can’t put the fire out while pouring petrol on it.

“Only the Greens in balance of power can stop new coal mines.”