Published today, economist Gabriel Zucman’s report―due to be formally presented at the G20 Finance Ministers and Central Bank Governors’ Meeting in July―sets out a proposal for a global standard on taxing the ultra-rich. In response, Oxfam Australia Chief Executive Officer Lyn Morgain said: “This is a sensible and serious proposal that is in every government’s […]
In response to the latest Global Integrated Food Security Phase Classification (IPC) report published today, which warns that a high risk of famine persists across the Gaza Strip, Oxfam’s Regional Director for the Middle East, Sally Abi Khalil, said: “The figures in this report are a shameful testament to the failure of world leaders to […]
NAB, Woolworths, BHP and Hancock Prospecting are amongst the companies that have amassed staggering crisis profits The top 500 Australian corporations made $98 billion in additional ‘crisis profits’ off the back of the COVID-19 pandemic and the Russian invasion of Ukraine between 2021-23, a new Oxfam report reveals, as the organisation calls for a ‘crisis […]
Australian dividend payments to shareholders from corporate investments grew six times faster than worker pay between 2020 and 2023, new Oxfam analysis reveals on International Workers’ Day (May 1). Accounting for inflation and through COVID-19, the war in Ukraine and the cost-of-living crisis, dividend payments in Australia rose 37%, while average real wages in Australia […]
As Yemen enters its tenth year of war, its people face renewed airstrikes and a deepening economic crisis that risks pushing millions into starvation, Oxfam has warned today. Today marks nine years since the escalation of the conflict. A temporary UN-brokered truce expired in 2022 and, whilst it has largely held, recent Houthi military activity […]
In reaction to the Integrated Food Security Phase Classification (IPC) report published today on Gaza stating that famine is imminent in Northern Gaza and, if Israel persists in its hostilities and restricting humanitarian access, there is a real risk of famine for the rest of the enclave, Sally Abi Khalil, Oxfam’s Middle East and North […]
In response to the Australian Government’s announcement on the stage three tax cuts, Oxfam Australia’s Interim Director of Programs, Rod Goodbun, said: “We welcome today’s announcement that the Australian government has taken positive measures to address the relentless surge in the cost of living and enhance the fairness of the stage three tax cuts. “The […]
Polling comes as 260 millionaires and billionaires sign new letter, directed at political leaders attending the World Economic Forum in Davos, saying they would be “Proud To Pay More” in taxes. A staggering new poll has revealed that support for higher taxes on wealth is popular with dollar millionaires from across G20 countries. It comes […]
Analysis finds that in the same period, five billion people around the world have been made poorer 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, new Oxfam analysis reveals, as the human rights organisation […]
Reacting to news today that the humanitarian pause agreed between the Government of Israel and Hamas has ended, with renewed hostilities, Oxfam Humanitarian Director Marta Valdes Garcia said: “While Oxfam welcomes the release of Israeli and foreign national hostages back to their families during the pause, and the reuniting of Palestinian prisoners and detainees in […]