Articles
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3 weeks ago |
australiainstitute.org.au | Mark Ogge |Rod Campbell |Matt Saunders
Over half of Australia’s gas exports are given away, without payment of royalties or Petroleum Resource Rent Tax. Over the last four years, multinational companies made $170 billion exporting gas they got for free. Based on Federal Government forecasts, to 2030 another $170 billion of liquified natural gas will be exported based on free gas.
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1 month ago |
australiainstitute.org.au | Greg Jericho |Matt Grudnoff |Mark Ogge |Jack Thrower
Over the 10 years to 2023-24 nurses paid $7bn more in tax than did the oil and gas companies. The oil and gas industry loves to tell everyone they pay a lot of tax, but the evidence tells a very different story. The oil and gas industry claim their tax pays for nurses and other public sector services, but new Australia Institute research shows that nurses pay more in income tax than the oil and gas industry pay in company tax and Petroleum Resource Rent Tax (PRRT).
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