The Greens have agreed to delay a Senate inquiry into Labor’s proposed 30 per cent minimum trust tax, according to reports. The decision comes as Labor prepares to introduce digital duty of care laws, which are expected to face scrutiny from the Greens.
The Greens have committed to refer Labor’s trust tax proposal to a formal inquiry, though the timing remains under discussion. This move follows Labor’s announcement to table digital duty of care laws, which aim to regulate tech companies’ responsibilities toward users.
The digital duty of care laws are anticipated to be introduced in the Senate, but their passage is likely to be delayed due to the Greens’ planned inquiry. Labor is expected to rely on Greens support to advance the legislation, which outlines new obligations for online platforms.
The trust tax proposal, which would require companies to pay a minimum tax rate on their profits, has drawn mixed reactions. While some businesses have expressed concerns over the financial impact, others have called for stronger regulatory measures.
The Greens’ decision to delay the inquiry reflects ongoing negotiations between the two parties. The outcome of these discussions will determine the timeline for both legislative initiatives, with the digital duty of care laws facing a potential five-week Senate review before final approval.
