Australian Greens

(2028 Australian Federal Election)

(Draft Bill)

Australia to join the EU

AU$4000 monthly Universal Basic Income per citizen under a AU$38,400 yearly income

Basic Income is based on the previous or projected 12 months

Basic Income for under age 16 is paid to legal guardians

Basic Income online registration only (based on tax file number)

Basic Income is non-refundable and non-taxable

AU$30 an hour minimum wage (including gig work)

Open border immigration is legalized

Naturalization fees are abolished

20% consolidated flat tax over AU$12,000 a year (with double taxation)

20% corporate tax on profits

20% value added tax tax on each stage of sale (paid quarterly)

20% value added tax on imports

VAT tax registration over AU$12,000 a year

Sole trader registration over A$12,000 a year

Recreational drugs are decriminalized

Estimated Revenue: AU$1 trillion a year (AU$100 billion surplus a year)