Australians are losing out to the gas export scam.
Australia Institute research shows that beer drinkers pay more tax than gas export companies pay in PRRT.
Meanwhile, multinational gas companies get 56% of our gas exports for free.
Since our governments allowed these gas exports, our gas bills have tripled and our electricity bills have doubled.
Big gas is taking the piss and Australian governments are letting them. It has to stop.
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@Bot4Sale
Not sure about this but I think the Saudi royals (and extended family) own most of the oil and would be controling shareholders as well as ruling the country, so no major hurdles there to squeeze every penny they can from #FossilFuelExtraction and keep the common folk happy with tax relief and all sorts of free goodies to make their lives pleasurable (except if your not a FULL citizen, eg. Women in general and the expatriate population, etc…)
Nothing in that story stops our reticent govt from applying 50%+ tax on #GasExportWIndfall though.
Mojo ♻️
RaymondPierreL3