Australia joins the Global Day of Action



Worldwide campaign for higher taxes on finance sector targets British, French and German finance ministers

17 February 2011


As finance ministers from the G20 nations prepare to gather in Paris at the end of the week, supporters in 25 countries backing a financial transactions tax are planning a global day of action today (Thursday) to increase pressure on governments around the world to sign up for a tax on the banks.

Campaigners from several thousand unions, environmental and development organisations across all five continents will be bidding to make a global financial transactions tax a reality to meet the costs of the global financial crisis and tackle poverty and climate change at home and abroad by targeting the embassies of the French, German and UK governments.

ITUC General Secretary Sharan Burrow said: “With France running the G20, we have our best chance yet to persuade governments that the time has finally come to tax the banks more fairly.

Public pressure around the world has put the financial transactions tax on the G20 agenda. The finance ministers gathering in Paris this week must make serious progress.

Australian Robin Hood Tax Coalition representatives met with German and French Ambassadors in Canberra to give our support to the initiatives of the German and French governments and discuss expanding support for a FTT in Australia.

See flikr photographs from the Global Day of Action



What do you think? Comment below: