Greens Treasury spokesperson Senator Nick McKim and Senator Dorinda Cox have alleged that the federal government is letting the gas industry lead the way on its proposed changes to the Petroleum Resource Rent Tax (PRRT), accusing the government of simply appeasing the gas industry. PRRT is a profits-based tax that only taxes profits of petroleum…
Government Let Gas Companies Lead the Way on Changes to Petroleum Tax: Greens
May 8, 2023
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anthony albaneseAustraliaBusiness & MarketsDorinda CoxenergyNick McKimpetroleum resource rent taxWorld
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Labor Have No Concrete Answers to Soaring Living Costs
No concrete solution for Australia’s skyrocketing living costs from the government–that is the conclusion one may reach after watching politicians talking during a recent Q&A television program. On Feb. 13, several Australian politicians from the incumbent centre-left Labor party, the centre-right Liberal party and the left-wing Greens party joined a Q&A program hosted by the…
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