The Age
·general
·2 hours ago
Albanese cancels proposed gas export tax to ensure fuel security
Prime Minister Anthony Albanese announced the cancellation of a proposed gas export tax, prioritizing Australia's fuel security in light of global oil disruptions. Albanese reaffirmed relationships with key Asian suppliers, stating, 'Australia is a reliable supplier of energy.' The decision counters calls for a 25 percent levy that could have generated $17 billion annually amid increasing fuel import challenges.
Summary by Glance · The Age
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