Sign the petition and join us in calling on the government to:
- Make big corporations pay the tax they owe – 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
Today, Australia’s 48 billionaires hold more wealth than the bottom 40% of the population combined, almost 11 million people. The existence and rapid growth of billionaires is a sign of an economy where 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 are 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.
Tackle inequality. Together, let’s make tax fair
We all want to live in a society where everyone is able to keep a roof over their head, food on the table and to live with choice, dignity and equal opportunity. At Oxfam, we strive for a fair and equal future without the inequalities that keep people in poverty.
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, there will be more money 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.
All lives are equal. Let’s fight for a society without the inequalities that keep people in poverty.
MAKE TAX FAIROur campaigns
Make corporations pay their fair share
Many big corporations are making super profits, often during times of crisis. Its not fair that they rake it in, while the rest of us struggle with the cost of living. Its time they gave more back to the community through a crisis profits tax.
Bill the billionaires. Fight inequality.
A wealth tax on Australia’s richest would generate $32 billion annually. This would help balance the scales on inequality and ensure there is money in the budget for essential services like health and education, and to eradicate poverty.
Make Polluting Corporations Pay
Big energy corporations and billionaires are most responsible for the climate crisis. It’s time to tax rich polluters, end fossil fuel subsidies and use the funds to support communities already experiencing the destructive impacts of climate change.
Read our reports
The Elephant in the Room. Australia’s Failure to Tax Wealth
This report shows the Government failing to tax wealth and giving big tax breaks to high income earners. This includes superannuation, negative gearing, trusts, and importantly, the capital gains tax discount. In 2022-23, 85.6% of the capital gains tax discount went to the top 10% of income earners.
Takers Not Makers: The unjust poverty and unearned wealth of colonialism
Takers Not Makers, reveals an unsettling reality: the world’s billionaires continue to make trillions while billions of people continue to live in poverty. The report underscores how today’s inequalities reflect centuries of colonialism and exploitation, and the continued dominance of the wealthy elite and multinational corporations over low-income countries and people.
Carbon inequality kills
The evidence is clear: the world’s richest people are using a disproportionate amount of the world’s remaining carbon budget and setting us all on course for irreversible and catastrophic global warming.
Cashing in on Crisis
In 2022-2023, top 500 Australian corporations raked in $98 billion in additional windfall profits, or ‘crisis profits’, that they wouldn’t have made under normal circumstances. These profits are part of a wider crisis-fuelled inequality story, where billionaires were able to increase their wealth and boost their bank balances while the rest of us endured rising costs of living.
Inequality Inc
The wealth of the three richest Australians, Gina Rinehart, Andrew Forrest and Harry Triguboff, has more than doubled since 2020 at a staggering rate of $1.5 million per hour, while 5 billion people find themselves poorer. These are some of the stark findings of Inequality Inc, an Oxfam flagship report launched ahead the 2024 annual meeting of the World Economic Forum.
Climate Equality: A Planet for the 99%
The richest 1% emit as much carbon pollution as two-thirds of humanity. This is just one of the shocking findings of Oxfam’s landmark ‘Climate Equality: A Planet for the 99%’ report released ahead of the annual United Nations international climate change conference COP28.
Survival of the Richest
Oxfam revealed that the richest 1% of Australians accumulated 10 times more wealth than the bottom 50% in the past decade, as cost-of-living pressures bite and global inequality spikes.
In the News
South Africa puts a stern test to G20 leaders this year to confront the scourge of global inequalitly
G20 billionaires’ fortunes rise by $2.2 trillion in just one year, more than enough to lift everyone above the global poverty line The amount of wealth that the G20’s own billionaires made just last year – $2.2 trillion – would have been more than enough to lift 3.8 billion people out of poverty, says Oxfam. […]
24,000 millionaires pocket half of capital gains tax break: Oxfam Australia
Nearly 50% of the capital gains tax discount went to just 24,000 people who earned over $1 million in 2022–23, according to a new Oxfam Australia report, as the anti-poverty organisation calls on the Australian government to better tax wealth and end unfair tax discounts. On average, each of these individuals gained a staggering $271,000 […]
Exploitation, child labour, and abusive work conditions: new report uncovers modern slavery risks in Australian fashion supply chains
A new report by Oxfam Australia, with support from the Human Rights Law Centre, presents evidence of widespread and systemic labour rights violations, including widespread exploitation and child labour, across Bangladesh’s garment supply chain. Drawing on more than one dozen focus group discussions and key informant interviews and surveying over 400 workers, the report Unravelling […]
Tackle inequality. Make tax fair.
Together, we can create a fair and equal future without the inequalities that keep people in poverty. Tell the Treasurer to bill the billionaires and big corporations. Make them pay their fair share.
MAKE TAX FAIR
