SBS News – Australia ·australia ·1 hour ago

Albanese rejects 25 percent gas export tax, prioritizes domestic supply instead

Australian Prime Minister Anthony Albanese rejected calls for a 25 percent tax on gas exports, dismissing the proposal as a "slogan" without substance. Unions and pressure groups have campaigned for the higher tax, which they claim would raise $17.1 billion annually. The government prioritizes fuel supply and will instead enforce an east coast gas reserve for the domestic market.

Summary by Glance · SBS News – Australia

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