Australian Greens Pledge Taxes on the Wealthy to Fund Major Welfare Increase

Greens Leader Adam Bandt, Senator Nick McKim and Senator Mehreen Faruqi during a press conference in the Senate Courtyard at Parliament House in Canberra, Australia, on May 12, 2021. Sam Mooy/Getty Images

An increase in taxes for billionaires and corporations could be coming if the Australian Greens hold the balance of power after the next federal election.

Greens leader Adam Bandt released its latest policy announcement on March 20, outlining a major increase to welfare payments that millions of Australians currently receive.