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Leader of the Australian Greens Adam Bandt speaks during Question Time at Parliament House in Canberra, Australia on March 30, 2023. Martin Ollman/Getty Images
Greens leader Adam Bandt is proposing a plan to ease Australia’s cost of living by increasing taxes on corporations to the tune of more than $500 billion (US$339 billion).
Under the proposal, some companies could be taxed 40 percent on excess profits.