Australian Labor politician says the thing we've been saying for 40 years, we could have been Norway. Foreign oil and coal companies have been stealing our resources legally for decades. Australians could have be paying 50% of the taxes we've been paying, or less. #auspol #taxmultinationals #coal
https://www.youtube.com/watch?v=jj7RJXyiG0Q
Biggest rort of all #multinationals #taxavoidance #auspol #taxmultinationalcorporations #taxmultinationals
#Gas companies are meant to pay royalties for the right to extract and sell Australian gas. But no royalties are paid on 56% of gas exported from Australia. A new report from the Australia Institute, Australia's Great Gas Giveaway, shows that over the last four years, multinational companies made $149 billion exporting royalty-free gas. Australians have missed out on at least $13.3 billion in revenue that could have been raised over the last four years had royalties been charged on royalty-free gas. #fossilfuels #auspol #taxmultinationals #taxmultinationalcorporations
#TikTok, #nuclearenergy, the 'ute tax' politicians' expenses? Pfft. How about the Tax Office mollycoddling #multinationals while targetting ordinary people with its #Robodebt scheme!
#auspol #taxmultinationals #taxmultinationalcorporations
If only #Australia taxed resources properly #mining #coal #ironore #gas #tax #taxmultinationals #taxmultinationalcorporations #auspol
https://www.macrobusiness.com.au/2024/01/if-only-australia-taxed-resources-properly/
Justin Fabo at Antipodean Macro has posted the below chart showing how resources excluding gold completely dominate Australia’s exports: As noted by Fabo, “rock and gas exports from Australia are roughly $33 billion (currently) every month, or circa 15% of Australia’s GDP”. It is a key reason why the mining sector comprises such a large
#Mining industry threatens to unleash ad campaign against Labor unless it rules out windfall profits tax #taxtherich #taxmultinationals
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