Mojo ♻️This PRRT mess? Blame the Howard Coalition gov. In 2004 they gifted gas giants a 150% uplift on exploration deductions—letting them rack up massive carry-forward credits that wipe out super-profits tax for decades. Result: LNG boom, but zero/few royalties + minimal PRRT while we export billions.
Hawke/Keating set PRRT up fairly in '87; Howard handed multinationals the keys to dodge it. Time to reverse the corporate welfare & tax our resources properly—like Norway does.
