Greens leader Adam Bandt will use today’s National Press Club speech to call for free childcare and dental care for all Australians.
It is estimated that this would policy cost about $18.2 billion a year, but Bandt will contend that it can be financed by new taxes on the ‘super-profits’ of large gas companies and the wealth of billionaires.
Bandt will also argue that free childcare and dental care will provide greater financial relief for ordinary Australians than the temporary reduction in the fuel excise tax.
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From The Australian:
“The Greens are offering to deal with the pressing inflation and wage crisis by passing fully funded free childcare and dental into Medicare through the Senate, paid for with a tax on billionaires and big gas corporations making super-profits,” Mr Bandt will say…
“They’re not just profiteering off a Russian dictator’s invasion of Ukraine, they’re driving up energy costs in Australia as well, all while giving next to nothing to the public purse,” he will say.
“ In one year, 27 big gas corporations brought in $77bn of revenue but paid no tax; 96 per cent of the gas industry is overseas-owned, so billions in profits are going offshore”…
“The numbers are there in the parliament. The only thing standing in the way is Labor’s willingness to act”…
Mr Bandt will say free childcare and dental care will “deliver real relief to everyday people battling with high inflation and low wages and incomes”.
“Better than a short-lived cut to fuel excise that can be wiped out by a profiteering petrol corporation, these measures would mean people were better off not just right now but next month and next year, year after year,” he will say.
This is important as it suggests the Greens would support domestic gas reservation, export levies or super profits taxes if they were proposed by Labor, in turn providing an easy passage through parliament.
Even if the Greens’ support hinged on providing free childcare and dental, this would be a massive benefit to Australians, who are currently getting reamed by the gas cartel and receiving nothing in return.
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