[edited to add link to Guardian article source]

How’s this for a complete and frank confession that the #Labor Govt is Wholy Owned by the #CorporateGiants making bucket loads of profit from #Raping the land and #Pillaging Australian #Resources:

“Trade minister Don Farrell said on Friday “we’re not changing our policies in respect to gas” and that “the most important thing” was to honour existing export contracts.”

Well, Mr #Farrell, for your information, the gas export contracts have nought to do with you or your govt. It is a #Commercial contract from which #Santos and others derive an outrageous profit. So if we were to #Tax that, it would reduce theirt bottom line by the same percentage without any change to the contracts they hold (unless they contain some cagey and dogey clauses — but that a commercial issue again and commercial law, nothing to do with the Govt.)

Nothing more is needed from our govt to prove that #StateCapture is alive and thriving in Aus when a Trade Minister goes to bat for an #ExtrativeIndustry Private Corporation! You just wait until the next election or by-elections, we’ll teach you a thing or two.

read more:
https://www.theguardian.com/australia-news/2026/apr/24/labor-albanese-gas-tax-caving-david-pocock-fuel-supply

#AusPol fuck #neoliberalism and #Globalisation
#Antifa #AntiOligarchy #EatTheRich #SaveOurResources #Grifters #RunawayCapitalism

Anthony Albanese accused of ‘caving to gas companies’ as Labor set to reject new export tax

David Pocock says prime minister – who is trying to shore up fuel supplies – is parroting industry talking points

The Guardian