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Gas Tax Debate Lingers at Labor Conference | Australia News
Description
The Labor party’s national conference kicked off with big expectations for a showdown over gas export taxation—but day one delivered vague promises instead. While the draft platform called for a “fairer return” from natural resources, backbencher Ed Husic is pushing for bold, teethy reform, calling the current Petroleum Resource Rent Tax outdated and ineffective. He argues energy giants are dodging their fair share, shifting costs overseas. Meanwhile, the ACTU has thrown down a concrete proposal: a 25% tax on gas exports, potentially raising $17 billion annually while lowering domestic prices. Though no major debate happened this time, the momentum for change is building—and this isn’t the last we’ll hear of it.
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