Join Oxfam in calling on Australia’s super rich and big corporations to pay their fair share of tax
- 7 days ago
- 2 min read
A new Oxfam report shows that in 2025, average Australian billionaire wealth grew by over half a million dollars per day, and Australia’s 48 billionaires hold more wealth than the bottom 40% of our almost 11 million population combined. Meanwhile, ordinary households are cutting back on essentials and struggling with housing costs. It’s time to tax the super-rich and make big corporations pay what they owe.
Check out Oxfam’s video and if you share the organisation’s concern about wealth inequity and unfair tax breaks for corporations and the super-rich sign their petition calling on the Australian government to:
Make big corporations pay their fair share – many pay little or no tax in Australia, despite making gob-smacking profits
Make billionaires and super-rich people on very high incomes pay their fair share of tax – a wealth tax to rein in extreme wealth
Stop giving billions of dollars in subsidies (i.e. cash handouts) to fossil fuel corporations, already making billions in profit, and make these big corporate polluters pay for their climate damage.
Extreme inequality is no accident. With Australia’s 48 billionaires holding more wealth than the bottom 40% of the population combined, almost 11 million people, it’s clear that too much wealth and power are concentrated in too few hands. Such an accumulation of wealth shows a system that is failing people, both in Australia and internationally.
Across the globe, billions of people face avoidable hardships of poverty, hunger and death from preventable diseases because the system is rigged against them. In 2025, global billionaire wealth jumped to $27.7 trillion – its highest level in history. Billionaires are also 4,000 times more likely to hold political office than ordinary citizens.
Meanwhile, in Australia, more than 3.7 million people live in poverty, including 757,000 children. Since 2020, eight new Australian billionaires have been minted. The gap between those doing it toughest and those benefitting most is stark.
Societies work best where everyone can keep a roof over their head, food on the table and live with choice, dignity and equal opportunity. To ensure there is enough money in the federal budget to pay for the services everyone needs, the super-rich need to pay their fair share of taxes and corporations must pay what they owe.
By increasing the Australian government’s tax revenue, more money will be available to fund better quality healthcare, education, humanitarian aid and action on climate change as part of a strong social safety net to alleviate poverty at home and abroad.
Sign the Oxfam petition and together we can tackle inequality and make tax fair.
