The Australian Greens push to tax gas exports at least 25% is gaining momentum, with a newly won Select Committee to look at taxing Australia\u2019s oil and gas, setting the ground for changes in the May budget.<\/p>\n\n\n\n
The Select Committee will be chaired by Greens spokesperson for resources, Senator Steph Hodgins-May, who will seek to dismantle the gas industry\u2019s excuses for not paying billions in taxes despite soaring windfall profits. .<\/p>\n\n\n\n
At a time of instability and rising pressure on Australia\u2019s energy security, the inquiry will examine how fairer taxation of gas exports could deliver billions in public revenue to ease the cost of living and reduce reliance on imported fuels.<\/p>\n\n\n\n
Recent polling shows strong and growing support across the political spectrum for making gas corporations pay more for selling Australia\u2019s resources.<\/p>\n\n\n\n
Greens Leader Senator Larissa Waters:<\/strong><\/p>\n\n\n\n \u201cGas corporations are ripping us all off and paying virtually no tax. While people are struggling to pay bills and seeing the cost of living go through the roof, gas corporations shouldn\u2019t get a free ride.<\/p>\n\n\n\n \u201cFor years rich gas corporations have got most of their gas for free, shipped it overseas for maximum profit, and now they\u2019re making eyewatering profits off the back of the war.<\/p>\n\n\n\n \u201cThe free ride is over. People are fed up with gas industry greed and Labor\u2019s refusal to tax gas corporations to fund cost of living support. This is money that should be helping people pay the bills and have what they need to live a good life.<\/p>\n\n\n\n \u201cThis Inquiry will put the rich tax-dodging gas corporations under the microscope, dismantle their excuses for paying no tax, and build momentum for fairer tax in the upcoming budget.\u201d<\/p>\n\n\n\n Senator Steph Hodgins-May:<\/strong><\/p>\n\n\n\n \u201cThis inquiry into a gas tax comes at a crunch moment. The gas cartel is poised to cash in on global conflict while Australians are being smashed with rising bills at home.<\/p>\n\n\n\n \u201cA 25 per cent tax on gas exports could raise $17 billion a year. Money that could slash power bills, fund free public transport, and fast-track electrification so we can end our dependence on gas for good.<\/p>\n\n\n\n \u201cThis Inquiry will interrogate the outdated talking points of gas corporations, expose how they avoid paying their fair share of tax, and recommend how we get to a tax system that benefits Australians, not greedy gas corporations.\u201d<\/p>\n\n\n\n \u201cIt is a moment of reckoning for Labor. Will they stand up to vested interests and make gas corporations pay or will they let them continue to write the rules?<\/p>\n","protected":false},"excerpt":{"rendered":" The Australian Greens push to tax gas exports at least 25% is gaining momentum, with a newly won Select Committee to look at taxing Australia\u2019s oil and gas, setting the ground for changes in the May budget. The Select Committee will be chaired by Greens spokesperson for resources, Senator Steph Hodgins-May, who will seek to … Continue reading “Greens secure Select Committee on gas tax”<\/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-38204","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\/38204","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=38204"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38204\/revisions"}],"predecessor-version":[{"id":38205,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/38204\/revisions\/38205"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=38204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=38204"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=38204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}