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Showing 1 - 10 of 18 results for "Oxfam"

$50k a minute: Billionaire wealth boom highlights inequality in Australia

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026  |  NEWS
... wealth by $25.67 billion over the past year, which is equivalent to almost $50,000 per minute according to new analysis by Oxfam Australia. Drawing on the 2026 Australian Financial Review Rich List, Oxfam found the country's billionaire class now ...

Oxfam calls for increased taxes on ultra-wealthy

ELIZA BAVIN  |  MONDAY, 19 JAN 2026  |  NEWS
... Australian billionaires' wealth grew by almost $600,000 a day in the past year, or over $10.5 billion collectively, Oxfam research found. Globally, billionaire wealth jumped by over 16% in 2025, three times faster than the past five-year average ...

Axing CGT breaks could boost budget by $22.7bn: Oxfam Report

ANGELIQUE MINAS  |  MONDAY, 13 OCT 2025  |  NEWS
A new report by anti-poverty organisation Oxfam Australia (Oxfam) revealed nearly 50% of the capital gains tax discount went to 24,000 people who earned over $1 million in 2022-2023. Findings indicate that on average, each of these individuals received ...

Alliance formed to demand polluters pay their 'fair share'

MATTHEW WAI  |  MONDAY, 18 AUG 2025  |  NEWS
... costs, as well as the costs of recovery from climate disasters. It's time these big corporations pay their fair share." Oxfam Australia interim chief executive Chrisanta Muli added that it's not fair that communities, affected by climate change events ...

Aussie billionaires make $67k per hour: Oxfam

KARREN VERGARA  |  THURSDAY, 23 JAN 2025  |  NEWS
Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make. The 47 billionaires based in Australia saw their wealth rise by more than 8% or $28 billion last year, the ...

Groups unite against carbon offsets

ROSE MARY PETRASS  |  MONDAY, 8 JUL 2024  |  NEWS
... Finance, and the Association of Ethical Shareholders Germany. Other organisations include Amnesty International, Greenpeace, Oxfam, and the NewClimate Institute. The letter responds to increasing pressure to allow countries and companies to use carbon ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... demonstrate real climate action, and this extends to the call to phasing out fossil fuels, and domestic fossil fuel subsidies." Oxfam Australia climate justice strategic lead Melissa Bungcaras commented: "Australia has an opportunity to step up its global ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... Some environment and community activist organisations were not so supportive of the move. Abby Maxman, President and CEO of Oxfam America, said: "While motivated by the right intentions, this initiative risks not only enabling companies to purchase carbon ...

Oxfam Australia calls for stronger climate action amid GDP risk

RACHEL ALEMBAKIS  |  THURSDAY, 10 JUN 2021  |  NEWS
... could lose as much as 12.5% per year in GDP by 2050 unless there is more ambitious action on climate change, according to Oxfam Australia. Oxfam Australia is calling upon G7 leaders and invited guest countries including Australia to cut carbon emissions ...

Push to focus on tax reform, transparency as part of G20

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUN 2014  |  NEWS
... strong link between base erosion and profit sharing (BEPS) and the G20's objective to promote development, according to Oxfam Australia and Publish What You Pay Australia. In an article for the Lowy Institute, Clare Spoors and Serena Lilywhite of Oxfam ...
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