SBS News – Australia
·australia
·3 hours ago
'We're the mugs here': Is Japan getting Australian gas for free?
Discussions on Australia's gas export tax intensified Tuesday as concerns grew over revenue loss. A report revealed Japan earned $8.9 billion from taxing Australian LNG imports, while Australia only gained $7 billion from its Petroleum Resource Rent Tax. Experts argue that Australia needs to reassess its gas policies to ensure fair compensation and domestic supply security.
Summary by Glance · SBS News – Australia
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