An inquiry into the taxation of gas resources has heard from proponents for a tax, who believe Australians are being robbed ...
A fierce Senate showdown has exposed the deep divide over how much Australia earns from its booming gas exports.
Few political talking points have hit the proverbial pub test harder than this one: Australia collects more tax from beer ...
The extraordinary dodging of both company tax and the Petroleum Resource Rent Tax (PRRT) by Australia’s, and the world’s, biggest gas companies — and thus the theft from Australians of income from our ...
The way the petroleum resource rent tax (PRRT) is set up means mining usually generates some revenue, on top of the corporate income tax, for the government over the life of projects. However, there ...
Dr Richard Denniss, Co-CEO of The Australia Institute criticised the Petroleum Resource Rent Tax (PRRT) and questioned its effectiveness in delivering benefits to Australia.
If the government had properly reformed the PRRT in 2023, it would be seeing a windfall from the current energy price spike.
Australia is the world's second-largest exporter of LNG. Tax Justice Network spokesman Jason Ward has accused the government of hypocrisy for attacking the banks with a $6.2 billion bank levy but ...
Gift 5 articles to anyone you choose each month when you subscribe. Chevron expects to pay as much $140 billion in super profits tax in coming decades but may have again run foul of the Australian Tax ...