This statment by the CEO of the Business Council Association is exactly what our #AlboPM is parroting publically:

“Mr Black gave evidence to the Senate inquiry on its second day of public hearings, arguing a levy would be “counterproductive” at a time when Australia needs more investment. […] Energy investors are like butterflies – if they are scared, they fly away,” he said, citing the head of the International Energy Agency (IEA).”

Which, of course, is absolute BS. All that investors need for incentive is a sound #BusinessCase that promisses #Profit. ANY PROFIT above the #CashRate will do. It doesn’t have to be the promisse of #Pilfering or #Sacking an economy FFS. ANy fool understands this. WHY doesn’t the #PM get it? If #AlboPM is not fool (and I have no reason to think he is), then HE IS COMPLICIT in the rape and sacking of the country by #Multinationals and the #ExtractiveIndustries - pure and simple (Because based on numbers, it’s not about jobs). And the #NationalSecurity ballon won’t fly here either.

I’m getting fed up hearing this neoliberal lie over and over and over again…

#AusPol #GasTac #TaxReform #LameLabor

It is very clear to me that the news in #Australia (and possibly elsewhere) is compiled and presented by #Reporters only. That is to say, there is no #Journalism involved. No analysis, no critical thinking skills isinvolved and certainly very little, if any, informative reports on which an audiance might rely to form a considered opinion.

E.g. On #ABCNews24, the ‘reporter’ correctly parrotted the words of those opposed to any #GasProfitTax because ‘it would impact adversely Australian relations with its trading partners who rely on the exported gas’. Coming after a torrent of words describing what occured during the Parliamentary Estimate Committee on the matter, the viewer might be forgiven for not taking the time to weight the words and apply some logic: towit, a tax on gas profit does nothing to alter the amount of gas exported, hence no effect on trading partner relationships. Therefore, the #GasLobby is deliberatly misdirecting by spreading disinformation. And the same is true with that lobby group’s tired dire warning that the tax will deincentivise future investors. BS of course, because if there is a dollar to be made and despite a very high tax on profit, as in Denmark, there is still a buck to be made which investor will of course put up capital funds in order to collect.
#AusPol #TaxReform #FreeGas #JapaneseOnSellers

Tax Overhaul Looms: Chalmers Signals Major Reforms in Upcoming Budget

How will the May 12 federal budget tax reforms change taxes for young people? Treasurer Jim Chalmers plans new rules to help younger generations buy homes.

#australiatax, #jimchalmers, #federalbudget2026, #taxreform, #australiaeconomy

https://newsletter.tf/chalmers-may-12-budget-tax-reforms/

Treasurer Jim Chalmers is planning major tax changes for the May 12 budget. This is the first big tax reform in Australia in over 20 years.

#australiatax, #jimchalmers, #federalbudget2026, #taxreform, #australiaeconomy
https://newsletter.tf/chalmers-may-12-budget-tax-reforms/

It’s time to stop billionaires from rewriting the rules.
#TaxDay #Billionaires

Watch the full video: https://www.youtube.com/watch?v=uHVMdKGRSbM

#billionairetax #taxloopholes #economy #politics #taxreform #middleclass #election2024

April 14, 2026 at 09:00PM

via Instagram https://instagr.am/p/DXIn7xNE9mC/

Tegan George adds further weight to the argument favouring #TaxReform in the #FossilFuelIndustry and #GasSuperProfits with this article for The Point:

“A lead analyst at the Institute for Energy Economics and Financial Analysis (IEEFA) has argued that conditions are ripe for an overhaul of how Australia taxes liquefied natural gas (LNG) exports, with gas giants preparing to cash in on another global price surge.”

Read more:
https://thepoint.com.au/news/260416-pivotal-moment-for-lng-tax-reform-as-prices-surge-globally

#AusPol #Grifting #GreedFlation #NeoLiberalEconomics #CapitalismGoneWild #EatTheRich