As if we don’t have enough #Grifters making a pile on #Australia ‘s slack #TaxRevenue from #GasExports here is another one to add to that pile:

“Amid renewed debate over whether Australia is getting enough tax from its gas exports, an investigation by the ABC shows how one LNG producer uses Singapore to help boost its profits.

That company is Shell, the global oil and gas super major, which is the world’s largest trader of the fuel.

Over the eight years to 2024, Shell’s LNG trading and marketing arm in Singapore made billions of dollars in profit. And it did so by buying LNG from producer countries such as Australia before on-selling the gas at a significant mark-up.”

I wonder how many more #FossilFuel #TaxEvasionSchemes are operating that we don’t know about. Wake up #AlboPM we’re all being had here!
https://www.abc.net.au/news/2026-05-11/australian-gas-giants-using-singapore-to-reduce-taxes/106632272

#GasExportTax #TaxWindfallProfits #ExtractiveIndustries #Shell #AusPol #TaxReformsNow

A tropical tax paradise sells much of Australia's gas

Amid renewed debate over whether Australia is getting enough tax from its gas exports, an investigation by the ABC shows how resource giants use shell companies to shift profit. 

The #IranWar is making everything more expensive for us, but some companies are cashing in. Don't think that's right? Sign the petition now demanding they are taxed more on their record profits to help us all with the cost of living. https://you.38degrees.org.uk/petitions/raise-taxes-on-companies-profiteering-from-iran-war?source=mastodon&utm_medium=socialshare&utm_source=bluesky&share=7b767b1f-4904-4096-a098-019203f9410e #TaxWindfallProfits #TaxProfiteering
Sign the Urgent Petition - End this rip-off

People in the UK are struggling to get by while some corporations are set to announce record high profits on the back of the Iran war. Join the campaign to demand these war profiteers are taxed so we can ease people's cost of living!

38 Degrees
@oftencalledcathy Agree with you.'Wealth' in bricks & mortar valuation does not mean cash wealth necessarily. Do some really believe home owners, esp those still paying mortgages (as interest rates jump), should take out equity release to pay an INCREASED annual tax every year in the current crisis?! A generation paying Celtic Tiger mortgages on homes still in negative equity, no equity release there!! Ain't no magic money tree hidden away in the 'Squeezed Middle'. #HighTaxes #TaxWindfallProfits