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Super rich would be hit with an additional 10% tax on their wealth above $1bn as party ‘turns the tables’ on wealthiest people
Archived version: https://archive.is/newest/https://www.theguardian.com/australia-news/2025/feb/10/australian-billionaires-face-wealth-tax-under-greens-robin-hood-style-policies
Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.
It’s a start. 100% tax above $1bn is my preference.
Its only a start if it passes, but conceptually, right there with you.
They need more votes though, they only get about 15%.
Most Australins are keen to help our billionares becase they struggle so much /s