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media-releases

Public must claw back the big bank subsidies revealed by RBA: Greens

26 May 2016

Following the Reserve Bank’s estimate that the major banks in Australia receive implicit public support worth up to about $4 billion a year, Greens Treasury spokesperson Adam Bandt MP today called on Malcolm Turnbull and Bill Shorten to adopt the Greens’ proposal for a ‘Public Support Levy’ on the big four banks that would raise almost $15 billion of revenue over four years. The Customer Owned Banking Association has estimated that the support is worth $2.9 to $4.5 billion.

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media-releases

Australia dirtiest power station to close

26 May 2016

Greens Energy spokesperson Adam Bandt has welcomed reports that Australia’s dirtiest coal fired power station, Hazelwood, may close, but warned that Federal and State governments urgently need to put in place polices to ensure an orderly retirement of coal fired powered stations and a transition for the affected communities.

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media-releases

PEFO confirms need for more active fiscal policy: Greens

25 May 2016

Greens Treasury spokesperson Adam Bandt MP today said the Pre-election Economic and Fiscal Outlook released today confirms there are bleak economic conditions ahead if the government continues with its fiscal policy.

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