31.0% chaos · simmering
power moves
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Gas giants warn against windfall gains tax as Pocock says ‘wartime profits’ should go to struggling Australians
What happened
Government faces political fight as industry says mooted 25% levy on exports would hurt Australia’s economy and energy security Get our breaking news email , free app or daily news podcast Gas giants will lobby against any federal government moves to introduce a 25% export levy on windfall profits, as crossbenchers pressure the prime minister to redirect billions of dollars in “wartime profits” to Australians struggling amid the global energy crisis. It comes after the prime minister’s departmen
Why people care
Reported by Guardian World.
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