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.
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