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Defence cash splash obliterates future budget surpluses

Greens Defence and Finance Spokesperson, Senator Peter Whish-Wilson, has released analysis from the Parliamentary Library showing that the new Defence spending outlined in yesterday’s White Paper has obliterated future budget surpluses.

Senator Whish-Wilson said, “Scott Morrison’s and Mathias Cormann’s ‘credible path to surplus’ appears to have taken a detour via the South China Sea.

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Tax office endorses recent Multinational Tax moves

The Australian Tax Office has endorsed legislation passed by the Greens on the last day of Parliament last year, saying they’re already seeing positive changes in behaviour of multinationals and large corporates.

“The testimony by the ATO that new laws combatting multinational tax avoidance are already delivering positive results is justification for the stance taken by the Greens late last year passing legislation on this important issue”.

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Plain Packaging victory is outstanding for public health but ISDS still hangs like a Damocles sword over Australian democracy

Greens spokesperson for Trade, Senator Peter Whish-Wilson welcomes Australia’s victory in the Investor-State Dispute-Settlement (ISDS) case against Phillip Morris over plain packaging laws.

“Plain packaging has proven to be an effective public policy tool to reduce smoking rates in Australia. Unfortunately as a nation we have signed up to trade and investment treaties that have given corporations the right to sue us for making laws that might impinge on a foreign corporation’s profits.

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Greens will fight Government attempt to aid corporate tax avoidance

The Australian Greens say Malcolm Turnbull has exposed his true colours by rejecting an Australian Greens amendment that would have increased transparency in corporate tax avoidance.

"Malcolm Turnbull wants to push ahead with cuts to family support and a higher GST but he's not willing to crack down on corporate tax avoidance," said Greens Leader Richard Di Natale.

"The whole game is up. The Turnbull Government has shown today that it will protect the big end of town and slug ordinary people. Tax reform should start at the top, not at the bottom.

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Greens use government bill to repeal government bill

The Senate has voted to repeal the Turnbull government's so-called "kidnap law," which passed only last month and exempted private companies - with turnover of $100 million dollars or more - from having to disclose their tax affairs.

"The passage of this Greens amendment is a big victory for the community - we've improved a multinational tax avoidance bill so that it also improves the financial disclosure and tax transparency of big companies," said Greens Leader Richard Di Natale.

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