Episode Details

Japans gas imports from Australia surpass our governments export earnings, sparking a Senate inquiry. The Australia Institute reveals this, proposing a 25% export tax or increased petroleum resource rent tax. Gas companies oppose, citing energy security concerns. Critics argue its unfair that gas companies pay less tax than nurses or McDonalds workers. A new tax could lower domestic prices and generate $17 billion annually for public transport or disaster recovery. The inquiry aims to rethink gas taxation without jeopardizing Asian trade ties.

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