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Construction union calling for super profits tax

2023-07-25 3 Dailymotion

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.

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