The Australian Labor Party looks set to include a new tax regime for the export gas industry in their party platform at next week’s ALP National Conference in Adelaide, according to reporting in the Australian Financial Review over the weekend.

The idea of a 25 per cent tax on gas exports, which is already supported by the Australian Council of Trade Unions (ACTU), has received wide support across the country, uniting politicians from all sides of politics, big business and environmental organisations in a broad and ever-growing coalition.

Disability organisations and housing advocates have also added their voice to calls for a tax on gas exports, arguing the money raised would help properly fund essential services for vulnerable Australians.

https://thepoint.com.au/new/260719_gas_export_tax_labor_policy

    • busted_Anoose@aussie.zone
      link
      fedilink
      arrow-up
      1
      ·
      15 days ago

      Jords is right though, contracts were signed, we shouldn’t go back on them. any future contracts should definitely be taxed though. Yes it sucks, but we signed them and should have to honour them.