# Greens propose tax cuts worth $1,000 yearly, funded by resource levies

- URL: https://talkfuse.com/story/bold-new-push-to-give-aussies-an-extra-1000-per-year-as-greens-unveil-shake-up-funded-by-gas-and-mining-giants/
- Published: 2026-10-28T00:25:14+00:00
- Updated: 2026-10-28T00:32:16+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16243877/greens-tax-free-threshold-david-shoebridge-gas-mining-tax-plan.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Art, Culture, Government, Politics, World

## Key points

- Greens propose raising Australia’s tax-free threshold to $26,000.
- The party says most workers and income-support recipients would gain about $1,000 yearly.
- Proposed gas and mining taxes would fund the $22 billion annual cost.

## Summary

Australia’s Greens leader David Shoebridge is proposing tax changes that he says would give almost every working Australian about $1,000 a year, with a similar increase for people receiving income support. He plans to present the policy as a way to reduce inequality and ease cost-of-living pressures, and says it could be negotiated with Labor before the next federal election, due by May 2028.

The proposal would raise the tax-free threshold from $18,200 to $26,000 and cost an estimated $22 billion a year. The Greens say they would fund it through a 25 per cent tax on gas exports and a market-linked resource rent tax, aiming to collect $45 billion; the speech does not specify which resources would be covered or how the taxes would interact with state royalties. Shoebridge argues that taxing resource windfalls would offset the extra spending’s inflationary effect, as the Reserve Bank continues to raise interest rates to control inflation.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.