ReePrime
Construction union calling for super profits tax

Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.

Construction union calling for super profits tax

A
ABC NEWS (Australia)

3 Views • Jul 25, 2023

Description

The construction union has launched its campaign for a 'super profits' tax for the richest companies to help fund affordable homes. The CFMEU boss Zach Smith says an economy-wide tax could raise 290-billion dollars over the next decade - comfortably funding the investment required to close the social and affordable housing gap. Union-commissioned analysis shows more than half a trillion dollars is needed to meet demand.