Anthony Albanese rules out gas export tax on existing contracts and criticises âpopulistâ campaign
Prime minister says the middle of a global fuel crisis is âthe worst possible time to jeopardiseâ Australiaâs partnerships with Asian trading partnersThe prime minister, Anthony Albanese, has confirmed next monthâs federal budget will not include a new tax on existing gas export contracts as he criticised the âpopulistâ campaign calling for a levy on producers.As reported last week, Albanese was poised to reject pressure to introduce a 25% tax on gas exports amid concerns the intervention could alienate the same Asian trading partners Australia is relying on for supplies of diesel and petrol. Continue reading...
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