Reforming resource taxation to capture economic rent during supernormal profits and direct a defined share into a national sovereign wealth fund would ensure public benefit from Australia's natural resources.
Claims
Reforming resource taxation to capture economic rent during supernormal profits and direct a defined share into a national sovereign wealth fund would ensure public benefit from Australia's natural resources.
Parent: Tax PolicyEntity: Resource Taxation ReformsImpact: positiveDate: Oct 24, 2026Target: Reforming resource taxation to capture economic rent and direct it into a national sovereign wealth fund
Source posts
Australia's resources are publicly owned. Yet when commodity prices surge, the windfall goes to corporate shareholders, not the public. Fusion's Fix the Tax Exploits package reforms resource taxation to capture economic rent and channel it into a national sovereign wealth fund. It tightens corporate tax rules to stop profit shifting, closes ultra-wealthy avoidance through trusts and super concessions, repeals fossil fuel subsidies, and forces polluters to surrender real carbon credits for every tonne emitted. No more giveaways. No more avoidance. Public wealth for public good.
Join us to end the tax exploits. #auspol #TaxJustice
https://go.fusionparty.org.au/i5C6W
0 boosts · 1 favs · 0 replies · Oct 24, 2026
#auspol#taxjustice
Australia's natural resources belong to all of us. But when commodity prices surge, the public sees little of the windfall; it flows to private shareholders instead. Fusion would reform resource taxation to capture the economic rent during supernormal profits and direct a defined share into a national sovereign wealth fund. This turns a finite underground asset into diversified financial capital that lasts beyond the extraction cycle. Other countries like Norway already do it. Australia can too. If you believe our resource wealth should benefit every Australian, not just the extractors, then get involved. Join Fusion and help build a sovereign wealth fund that works for the public, not just the balance sheets of mining giants.
https://go.fusionparty.org.au/9YjnP
0 boosts · 0 favs · 0 replies · Oct 24, 2026