Aussies are stunned: Treasury just confirmed we’ll rake in $2.7B from beer excise in 2025-26… but only $1.5B from PRRT on our massive offshore gas exports. We’re one of the world’s biggest LNG exporters, yet multinational gas giants pay less tax than punters pay on a slab.
This is broken. Gas companies dodge super-profits tax with endless deductions while everyday drinkers get slugged. Time to fix PRRT, slap on real royalties or a flat export tax, and build a proper sovereign wealth fund for future generations—not corporate handouts.
Why are we taxing beer harder than billion-dollar gas rip-offs? Tax the extractors, not the exhausted.
#PRRT #GasTax #ResourceRent #AustraliaInstitute #TaxJustice #EndCorporateWelfare
https://tinyurl.com/3yctcwvy
Mojo ♻️
npub1m5…jnnzx
2026-02-16 23:24:29 UTC
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wss://relay.momostr.pinkPublished at
2026-02-16 23:24:29 UTCEvent JSON
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"content": "Aussies are stunned: Treasury just confirmed we’ll rake in $2.7B from beer excise in 2025-26… but only $1.5B from PRRT on our massive offshore gas exports. We’re one of the world’s biggest LNG exporters, yet multinational gas giants pay less tax than punters pay on a slab.\nThis is broken. Gas companies dodge super-profits tax with endless deductions while everyday drinkers get slugged. Time to fix PRRT, slap on real royalties or a flat export tax, and build a proper sovereign wealth fund for future generations—not corporate handouts.\nWhy are we taxing beer harder than billion-dollar gas rip-offs? Tax the extractors, not the exhausted.\n#PRRT #GasTax #ResourceRent #AustraliaInstitute #TaxJustice #EndCorporateWelfare\n\nhttps://tinyurl.com/3yctcwvy",
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