Viewing articles in Portfolio:

Economic Justice & Treasury

Filter Articles

Liberals join Labor in abandoning foreign aid commitment

The government and opposition joined forces to vote down a Greens motion seeking to reaffirm the tripartite commitment to the target of at least 0.5% of gross national income going to overseas aid by 2015.

"Prime Minister Gillard has effectively given Tony Abbott permission to abandon the decade old cross-party commitment to the globally agreed overseas aid budget to achieve the Millennium Development Goals," Australian Greens Leader, Senator Christine Milne, said.

Read more

Good for teeth, bad for brains: A fairer budget but no plan for the future

Tonight's Federal Budget includes some major reforms that will benefit many Australians but the political surplus target has led to substantial under-investment in education and patently insufficient support for the most vulnerable Australians, the Australian Greens said today.

“This Budget is good for teeth but bad for brains,” Australian Greens Leader, Senator Christine Milne, said.

Read more

Greens move to reaffirm tripartite commitment to overseas aid budget

The Greens will move a motion in both houses of parliament next week seeking to reaffirm the tripartite commitment to the target of at least 0.5% of gross national income going to overseas aid by 2015.

The motion will read:

That the Senate -
a) Reaffirms its commitment to increase Overseas Development Assistance (ODA) to at least 0.5 per cent of Gross National Income (GNI) by 2015; and
b) Calls on the Government to implement a timetable for raising ODA to 0.7 per cent of GNI, the international aid target called for by the United Nations.

Read more

Rate cut welcome; further weakens case for surplus

The Reserve Bank's decision to cut interest rates by 0.50% today is welcome news for households and small businesses across Australia, but it further undermines the Gillard Government's insistence on meeting its political surplus target in next week's Budget, the Australian Greens said today.

"The Reserve Bank's very welcome decision today is yet more evidence that, outside the mining bubble, people and small and medium sized businesses are in need of support and this is absolutely the wrong time to be taking $40 billion out of the economy.

Read more

Greens move to reaffirm tripartite commitment to overseas aid budget

The Greens will move a motion in both houses of parliament next week seeking to reaffirm the tripartite commitment to the target of at least 0.5% of gross national income going to overseas aid by 2015.

"Australians are a very generous and kind-hearted people who understand our place as a rich country surrounded by very poor neighbours and personally give a lot of money to help people around the world," Australian Greens Leader, Senator Christine Milne, said.

Read more

Government right to tackle super tax concessions; Greens offer way forward

The Greens are offering the Government full cooperation in reforming superannuation tax concessions, as speculated on in today's press, as a matter of equity and as a revenue measure.

Over half of the concessions on superannuation contributions go to the wealthiest 20% of income earners. To address this inequity the Greens have previously proposed taxing contributions at a person's marginal rate minus 15%.

Read more

Hockey’s vision for a dog-eat-dog Australia

The Greens will vigorously defend a vision for Australia that sees us properly and fairly support each other and provide universal public health and education against Joe Hockey's vision of a dog-eat-dog world where short term profits are more important than people and planet.

"The big question I've been asking people since becoming Leader of the Greens last week is what kind of country do we want to live in?" Australian Greens Leader, Senator Christine Milne, said.

Read more