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Australia's Minister: No Windfall Tax on Gas Giants
Published 1 month, 1 week ago
Description
Australias Resources Minister, Madeleine King, has dismissed a proposed 25% windfall tax on big gas companies, citing the importance of domestic gas supply and job creation. The Greens, however, argue that such a tax could generate $17 billion annually and ease domestic energy prices. With the May 12th budget approaching, the fate of this tax proposal remains uncertain.
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