PM says a Labor win in the Aston byelection would be a one-in-a-century event, but voters can send a message to the opposition. Follow the day’s news
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Report of new gas tax for Australia
The Australian Financial Review is this morning reporting that a new gas tax looms as the government tries to raise revenue to begin budget repair.
Major companies such as Woodside Energy, Santos and Shell and their tax advisers have signed confidentiality agreements with Treasury on the PRRT consultation.
Since Treasury resumed the stalled work for Labor late last year, it has cast the net wider to probe other PRRT areas, such as deductions, in an attempt to raise revenue sooner for the government from the profits-based tax.
Continue reading…PM says a Labor win in the Aston byelection would be a one-in-a-century event, but voters can send a message to the opposition. Follow the day’s newsGet our morning and afternoon news emails, free app or daily news podcastReport of new gas tax for AustraliaThe Australian Financial Review is this morning reporting that a new gas tax looms as the government tries to raise revenue to begin budget repair.Major companies such as Woodside Energy, Santos and Shell and their tax advisers have signed confidentiality agreements with Treasury on the PRRT consultation.Since Treasury resumed the stalled work for Labor late last year, it has cast the net wider to probe other PRRT areas, such as deductions, in an attempt to raise revenue sooner for the government from the profits-based tax. Continue reading…