Labor must not fold to BCA pressure not to tax big corporations, say Greens
Labor must not fold to BCA pressure not to tax big corporations, say Greens | Australian Greens Skip to main content Search Get Involved Join Donate Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Media releases Take action Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement About the Greens Become a member Jobs Green Magazine All news Get Involved Join Donate Search Our plan Toggle Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action Policy principles & aims Our team Toggle Federal MPs State/territory MPs Officeholders Media releases Take action Toggle Volunteer Donate Issues & campaigns Events Greens Shop Leave a bequest Our movement Toggle About the Greens Become a member Jobs Green Magazine All news Labor must not fold to BCA pressure not to tax big corporations, say Greens 2025-09-09 Labor can’t let Australia’s biggest corporations write their own rules to protect their profits, following reports the Business Council is trying to veto a proposal for a net cash flow tax, the Greens say.
“Labor has an abject track record of taking marching orders from big business, and it’s time they stopped,” Greens Economic Justice spokesperson Senator Nick McKim said. “The BCA doesn't want high climate targets. It doesn't want strong environment laws.
It doesn't want action on supermarket price gouging. And now they’re telling Labor to block even the smallest step toward making big corporations pay more tax.” “The question is whether Labor will finally stand up to their friends and donors in the Business Council.” Senator McKim said the Productivity Commission’s proposed net cash flow tax has panicked the very corporations that have spent decades dodging their tax responsibilities.
“One in three large corporations don’t pay a cent in tax. Many of the rest hide their profits offshore. It says everything that even a modest proposal has sent the BCA into overdrive.” “Our priority remains taxing the super profits of coal and gas corporations, who are driving the climate crisis and ripping off Australians.
But we’ll look at any reform that helps support clean, productive investments while ensuring the biggest corporations pay their share.” “Every dollar in tax these corporations avoid is a dollar that doesn’t go into schools, hospitals and housing. Labor needs to decide whether they’re here for the public, or for the profiteers.” Facebook for the Australian Greens YouTube for the Australian Greens X for the Australian Greens Instagram for the Australian Greens Bluesky for the Australian Greens Privacy Members website Your safety Contact us Our plan Tax the 1% Tackle the cost of living Healthcare for all Fix the housing crisis Strong climate action In your language 2025 policy platform Policy principles & aims Our team Federal MPs State/territory MPs Officeholders Federal portfolios Federal media releases Take action Volunteer Donate Issues & campaigns Upcoming events Greens Shop Leave a bequest Green Magazine All news Our movement About the Greens Become a member Jobs Members website State/territory parties Contact us The Greens acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture.
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