Good one for younger Australians and workers here. Mat Comyn, the $10m-a-year CEO of Australia’s biggest bank Commbank, has just advocated for tax on wealth, not wages.
In a surprising submission to the Productivity Commission, Comyn got the business lobby squirming when he called for housing reform, energy security, and yes taxes on wealth not income. Housing is number one priority, he says.
Where is the debate? Why is the media ignoring one of the most powerful CEOs in the country eschewing neoliberal orthodoxy?
We break down what Comyn said, why it matters, and who doesn’t want you to know about it.
👇 Full story here. Like, comment and subscribe to support independent media.
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Michael West established Michael West Media in 2016 to focus on journalism of high public interest, particularly the rising power of corporations over democracy. West was formerly a journalist and editor with Fairfax newspapers, a columnist for News Corp and even, once, a stockbroker.
