@ApaulD Absolutely infuriating. While Norway built a $350B sovereign wealth fund by taxing gas at 78%, we let Inpex extract $36 billion in revenue and pay basically nothing. They literally admitted to "optimising" tax through corporate restructuring—ie, deliberately dodging obligations—while we subsidised their infrastructure with billions in public money.
This is extractive capitalism at its worst: socialise the risk and costs, privatise the profits, export the resources that belong to all of us, and leave Australians with crumbs. The PRRT is a complete joke—no gas company has ever paid it on exported gas.
We desperately need a resource super profits tax modeled on Norway, not this neoliberal giveaway to foreign multinationals.

#auspol #taxjustice #corporategreed #gascartel #extractivecapitalism #prrt #inpex #norway #resourcetax #australia #multinationaltax #anticapitalism