Greens say Australia should introduce a 3% tax on revenues beyond $20m if a company makes more than €750m worldwide

The top 16 tech companies are collectively making $26.7bn in revenue each year from Australians, a Parliamentary Budget Office analysis has found, as the Greens call for a 3% tax on the biggest players that would bring in more than $11bn.

The analysis, conducted on behalf of the Greens, found in 2022-23 Google made $8.7bn across advertising and cloud services, Microsoft made $2.9bn, Meta made $1.3bn and Amazon made close to $6bn across its range of services.

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