Mastodawn

@earthmothering9 For decades, mining giants extracted billions from Country while Traditional Owners were expected to be grateful for scraps. Good to finally see the Yindjibarndi people win recognition and compensation after standing up to one of Australia’s richest corporations. Justice should never depend on how long communities can afford to fight.

#yindjibarndi #firstnations #auspol #mining #socialjustice #prrt #greed

RaymondPierreL3 5d ago

Indeed, how can this be? The answer is simple: Because #AlboPM wishes it so… Why? Well, that’s a whole other question isn’t it?

“The Japanese Government raises $8 billion per year from its Petroleum and Coal Tax, including around $710 million from imports of Australian gas.

By contrast, the Australian Government is currently getting around $420 million per year from gas exporters paying Petroleum Resource Rent Tax (PRRT). Prior to 2023, it was receiving zero. Nada. Nothing.

In other words, the Australian Government is getting less money from our gas exports than Japan is.

State and territory governments also raise money from gas, especially Queensland which expects to get $1.2 billion this financial year (page 64) from its onshore deposits.

But most of Australia’s gas exports come from massive offshore deposits owned by the Federal Government. This means that even though far more federally owned gas is exported, Queensland’s government (like Japan’s!) raises more money.

How can this be?”

#GasExportTax #AusPol #Japan #QLD #PRRT #Budget2026

How the Japanese Government taxes Australian gas

The Australian Government is getting less money from our gas exports than Japan is. How can this be?

The Point

Mojo ♻️May 1

Australia Institute research shows that Japan collects more tax from Australian gas than Australia.

Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.

✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!

#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel

https://nb.australiainstitute.org.au/fix_gas_export_problem_b?

Urban Wronski Writes Apr 26

Clarke and Dawe tribute: The PM Explains Gas

Shell's Australian chair fronted a Senate inquiry into gas taxation and couldn't say how much revenue Shell makes from selling Australian gas. She was, however, very clear on the ill-advised part. Urban Wronski channels Clarke and Dawe to interview the Prime Minister about the gas we own, the tax we don't collect, and the modelling that takes time.

https://urbanwronski.com/2026/04/26/clarke-and-dawe-tribute-the-pm-explains-gas/

Show thread

Su_G Apr 23

@ApaulD
Excellent. Watched the whole thing & he nailed it. His last point, that politicians should NOT take jobs in the industries they regulate, who could disagree with that? Also loved Richard Dennis’ killer line that gas companies pay more in PR than they do in PRRT (the gas windfall profits tax). All that wining & dining & political donations don’t come cheap either… they’re playing us for mugs.

#AusPol #gasIndustry #PRRT #lobbyists

Dharma Cowboy Apr 22

RE: https://aus.social/@firstdogonthemoon/116447471113184617

You heard it here first. First dog has decreed that Australia is nationalising Kylie and Dannii* Minogue.

Don't get diddled.

*Ok, I added Danii. Didn't want her to feel left out (again)

#PRRT #renewablesforthewin #auspol

Show thread

Mojo ♻️Apr 15

@gusseting Funny how the best way to 'save the planet' and protect our kids is apparently letting Santos & co. keep pocketing $47 billion in revenue with basically zero company tax for a decade.
Ken Henry says hit the war-driven windfall profits with ~100% tax instead. That money could actually fund the transition, hospitals, or schools — rather than just foreign dividends while Aussies pay sky-high bills.
Or we could keep the current 'give it away tax-free' model and feel virtuous about the hottest summers. Your call. #prrt #gas #auspol #gastax

Mojo ♻️Apr 11

If #Albo really wants a legacy, it won’t come from another landslide, it’ll come from finally making the gas giants pay their share. With energy prices soaring and foreign‑owned exporters paying next to nothing for Australian resources, a 25% gas export tax could fund childcare, dental care, and real cost‑of‑living relief. The move would expose the gap between Hanson’s rhetoric about ordinary Australians and her alignment with billionaire interests. This is Labor’s moment to show what democracy can deliver for people, not corporations.

#gas #gaslobby #auspol #PRRT

https://thepoint.com.au/opinions/260410-election-landslides-arent-legacies-but-a-25-gas-tax-could-define-albaneses?

Election landslides aren't legacies, but a 25% gas tax could define Albanese's

The decisions made by Anthony Albanese in the next month will likely define Labor’s legacy for decades to come. Surging energy prices give the PM a unique opportunity to tax the gas industry, fund the services Australians are crying out for, improve the budget bottom line and expose the shallowness of Pauline Hanson’s support for ‘ordinary Australians’.

Mojo ♻️Mar 25

RE: https://newsie.social/@ZhiZhu/116286411303642681

This is exactly what happens when corporations run a nation.
Massive welfare for the rich — trillions in bailouts, subsidies, tax loopholes and sweetheart deals — while they pay basically zero effective tax. The result? A country bled dry, with working people left holding the bag for endless deficits and crumbling services.
Sound familiar, Australia? Our mining multinationals, Big Tech giants and foreign-owned energy firms do the same thing here: rake in billions from our resources and markets, dodge tax through havens and loopholes, then lecture us about "budget emergencies" when it's time to fund Medicare, NDIS or affordable housing.
Corporate capture isn't just an American disease — it's global. Time to tax the bastards properly and put people and planet before profit.
#ClassWar #TaxTheRich #Auspol #gas #gastax #gastaxnow #prrT

RaymondPierreL3 Mar 20

Further to my last toot, “The Chamber of Minerals and Energy WA said Australia had been shielded from international gas shocks because investors saw the country as a “stable, reliable place to invest”.

The chamber’s chief executive officer, Aaron Morey, said the proposed tax would risk “undermining that reputation and damaging the living standards of future generations of Australians”.

“At exactly the moment we need more gas, not less, this would dramatically escalate sovereign risk,”

1) We don’t need more gas we just need a Domestic reserve (To stop the bastards selling all of it off at record profits
2) Denmark taxes their gas industries to a level that would make Fossil Fuel exec cry in public, yet the investment still came and no operator quit the sector.
3) The #Fuel and #Gas Industries employ less than 28,000 full time jobs combined (Source: Australian Institure and ABS). The #FossilFuelIndustries are not the most important job creators, ever and their push for automation underscores that fact.
4) Australia is a stable and trusted investment recipiant because of its democratic institutions, not because Executives say so.

/end_of_rant. I think…

#PRRT #SuperProfitTax #AusPol