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So, it’s clear enough that the target will be indistunguishable from Morrison’s non-target, and will similarly imply no significant policy action. Labor has yet to announce a 2030 target, but has already abandoned the 45 % target from 2019. In deference to the sensitivities of the National Party, he refused to increase Australia’s 26-28 % emissions reduction target for 2030, while pointing out that the policies of state governments (both Liberal and Labor) would probably get us to 35 % with no action at the national level. Morrison has finally crabwalked his way to a 2050 net zero commitment. Now, that difference has been reduced to a minor point of semantics.

But at least it seemed that Labor would be significantly better on climate policy. I gave up hope of getting much out of a Labor government when Albanese announced that he would implement Morrison’s top-end tax cuts, and it became clear that this meant abandoning most of the spending commitments Labor took to the 2019 election. Just saying that this looks like the kind of tax policy a serious social democratic party would come up with, and very unlike anything we can expect from the current Labor party the implementation of a tax on company super-profits.the implementation of a progressive wealth tax on large concentrations of wealth, including anti-avoidance measures and.a preference for taxation of income derived from capital instead of income derived from labour.securing the tax and transfer system against manipulation and evasion, to ensure that everyone pays their fair share.the removal of tax exemptions for religious organisations that are not enjoyed by other charities and not-for-profit organisations.the implementation of a tax on dynastic wealth, targeted at those bequeathing or gifting large amounts.strengthening the progressivity of the income tax and transfer system across all income levels including by reducing effective marginal tax rates for low-income workers, and increasing the marginal tax rates on high-income earners.reforms to the taxation of superannuation to benefit lower income earners.redirecting funding from subsidising private health insurance towards direct public provision.

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Go to FlixHQ and search movie name you want.A reduction in the inequities in the current tax and transfer system, including but not limited to:

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