The Government\u2019s proposed changes to the Petroleum Resources Rent Tax will see revenue go down, not up, and shows the Labor Party are being used as a tool of the gas cartel, the Greens say.<\/p>\n\n\n\n
\u201cLabor\u2019s proposed changes to the PRRT, as dictated by the gas industry, represent a massive missed opportunity,\u201d Greens Economic Justice Spokesperson Senator Nick McKim said.<\/p>\n\n\n\n
\u201cEven with the proposed changes, the government will get more revenue from student debt indexation than from the PRRT.\u201d<\/p>\n\n\n\n
\u201cOn the government\u2019s own projections, revenue will go down from the PRRT. This is intolerable and shows Labor\u2019s warped priorities.\u201d<\/p>\n\n\n\n
“Labor faces a clear choice: work with the Greens to make the gas cartel pay more tax, or work with Peter Dutton to gut environmental regulations for gas corporations.\u201d<\/p>\n\n\n\n
\u201cIf Labor would get on board the numbers are there in both Houses of parliament to double the revenue from the PRRT changes.\u201d<\/p>\n\n\n\n
\u201cLabor\u2019s PRRT changes show the danger of letting fossil fuel corporations write their own tax laws.\u201d<\/p>\n\n\n\n
\u201cLabor also needs to ditch its laughable attempt at a wedge by conflating highly contentious changes to a broken gas tax system with badly needed reforms based on the PWC scandal.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The Government\u2019s proposed changes to the Petroleum Resources Rent Tax will see revenue go down, not up, and shows the Labor Party are being used as a tool of the gas cartel, the Greens say. \u201cLabor\u2019s proposed changes to the PRRT, as dictated by the gas industry, represent a massive missed opportunity,\u201d Greens Economic Justice … Continue reading “PRRT BILL”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-26590","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/26590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=26590"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/26590\/revisions"}],"predecessor-version":[{"id":26591,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/26590\/revisions\/26591"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=26590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=26590"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=26590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}