#albopm — Public Fediverse posts

There’s not much cheering about the #budget. Some grudging remarks on finally tackling the ‘big end of town’ but also much about #NDIS cuts and #AUKUS spends. But the truth iwe shouldn’t get too excited and think about this budget as foretelling what’s to come next (election time next that is). A New Politics article reminds us it is still a budget steeped in neoliberalism:

“..it’s a mixed but ideologically revealing budget: it contains some redistributive reforms, especially on housing tax concessions, but it also preserves the deeper neoliberal framework that has afflicted most economies in the Western world for far too long – there’s the typical material about budget repair, productivity, business incentives, expanding the defence, means-testing and restraint on social spending, especially within the National Disability Insurance Scheme.” (Source: https://www.newpolitics.com.au/p/the-new-politics-verdict-a-slightly )

#AlboPM is not about to change in any radical way anytime soon. Vote #GreensFirst #LaborSecond (Or a good progressive independent small ‘L’. liberal if Labor offends too much) next time around. That’s the lesson I learned these past two years.

#AusPol

There’s not much cheering about the #budget. Some grudging remarks on finally tackling the ‘big end of town’ but also much about #NDIS cuts and #AUKUS spends. But the truth iwe shouldn’t get too excited and think about this budget as foretelling what’s to come next (election time next that is). A New Politics article reminds us it is still a budget steeped in neoliberalism:

“..it’s a mixed but ideologically revealing budget: it contains some redistributive reforms, especially on housing tax concessions, but it also preserves the deeper neoliberal framework that has afflicted most economies in the Western world for far too long – there’s the typical material about budget repair, productivity, business incentives, expanding the defence, means-testing and restraint on social spending, especially within the National Disability Insurance Scheme.” (Source: https://www.newpolitics.com.au/p/the-new-politics-verdict-a-slightly )

#AlboPM is not about to change in any radical way anytime soon. Vote #GreensFirst #LaborSecond (Or a good progressive independent small ‘L’. liberal if Labor offends too much) next time around. That’s the lesson I learned these past two years.

#AusPol

There’s not much cheering about the #budget. Some grudging remarks on finally tackling the ‘big end of town’ but also much about #NDIS cuts and #AUKUS spends. But the truth iwe shouldn’t get too excited and think about this budget as foretelling what’s to come next (election time next that is). A New Politics article reminds us it is still a budget steeped in neoliberalism:

“..it’s a mixed but ideologically revealing budget: it contains some redistributive reforms, especially on housing tax concessions, but it also preserves the deeper neoliberal framework that has afflicted most economies in the Western world for far too long – there’s the typical material about budget repair, productivity, business incentives, expanding the defence, means-testing and restraint on social spending, especially within the National Disability Insurance Scheme.” (Source: https://www.newpolitics.com.au/p/the-new-politics-verdict-a-slightly )

#AlboPM is not about to change in any radical way anytime soon. Vote #GreensFirst #LaborSecond (Or a good progressive independent small ‘L’. liberal if Labor offends too much) next time around. That’s the lesson I learned these past two years.

#AusPol

There’s not much cheering about the #budget. Some grudging remarks on finally tackling the ‘big end of town’ but also much about #NDIS cuts and #AUKUS spends. But the truth iwe shouldn’t get too excited and think about this budget as foretelling what’s to come next (election time next that is). A New Politics article reminds us it is still a budget steeped in neoliberalism:

“..it’s a mixed but ideologically revealing budget: it contains some redistributive reforms, especially on housing tax concessions, but it also preserves the deeper neoliberal framework that has afflicted most economies in the Western world for far too long – there’s the typical material about budget repair, productivity, business incentives, expanding the defence, means-testing and restraint on social spending, especially within the National Disability Insurance Scheme.” (Source: https://www.newpolitics.com.au/p/the-new-politics-verdict-a-slightly )

#AlboPM is not about to change in any radical way anytime soon. Vote #GreensFirst #LaborSecond (Or a good progressive independent small ‘L’. liberal if Labor offends too much) next time around. That’s the lesson I learned these past two years.

#AusPol

There’s not much cheering about the #budget. Some grudging remarks on finally tackling the ‘big end of town’ but also much about #NDIS cuts and #AUKUS spends. But the truth iwe shouldn’t get too excited and think about this budget as foretelling what’s to come next (election time next that is). A New Politics article reminds us it is still a budget steeped in neoliberalism:

“..it’s a mixed but ideologically revealing budget: it contains some redistributive reforms, especially on housing tax concessions, but it also preserves the deeper neoliberal framework that has afflicted most economies in the Western world for far too long – there’s the typical material about budget repair, productivity, business incentives, expanding the defence, means-testing and restraint on social spending, especially within the National Disability Insurance Scheme.” (Source: https://www.newpolitics.com.au/p/the-new-politics-verdict-a-slightly )

#AlboPM is not about to change in any radical way anytime soon. Vote #GreensFirst #LaborSecond (Or a good progressive independent small ‘L’. liberal if Labor offends too much) next time around. That’s the lesson I learned these past two years.

#AusPol

Maybe the reason #AlboPM and the #ALP have so little interest in pursuing rightwing hate group #AdvanceAustralia, funded as it is by the partner of the antisemitism commissioner, is because their advertising campaign targeting the #AustralianGreens is the only reason the ALP retained, or reclaimed inner-city electorates?

#AusPol

https://thepoint.com.au/opinions/260511-albo-is-sacrificing-inner-city-labor-seats-but-for-what

There you go... #JimChalmers, a member of the left faction dominated Parliamentary causus is saying the not-so-quiet part out loud today:
"“The Australian Labor party is the last one standing in the sensible centre of Australian politics but we’re not standing still.” (Source: The Guadian - Live - today)

The old left is now the new Centre... Mission completed #albopm

PS. I did say I was stepping away from the key board today didn't I? Ah wel...

What is #AlboPM up to…? Richard Denniss has some answer, and a warning for him, here:

“It was no accident that Labor waited until after the 2025 election to announce its support for the massive North West Shelf gas project, just as it was no accident that Labor waited until after the 2022 election to announce $1.9 billion worth of taxpayer subsidies for the Middle Arm gas project in Darwin. Labor keeps betting that voters will forgive and forget their support for fossil fuels expansion, but while that might work nationwide, it’s far less likely to work in the inner-city seats Labor is hanging on to by the skin of their teeth.”

Link:
https://thepoint.com.au/opinions/260511-albo-is-sacrificing-inner-city-labor-seats-but-for-what

#AusPol #FossilFuelIndustries #LaborValuesGone #Antifa #CliimateAction #PocketedPoliticians #StateCapture

@ApaulD
This govt reticence to apply a #GasExportTax or a #SuperProfitTax is not only despicable and a slap in the face of every #Australian, it’s also making a strong case for a call to #EndPoliticalDonations

We cannot have our Parliamentary Representative in the pocket of #ExtractiveIndustries or any #Corporation or #PrivateEnterprises or indeed championing an economic system that has, and is still proving it doesn’t work for the better interests of society as a whole.

Time for a for a #progressiveREvolution at the #VotingBooths people. Use your vote, use your brain put all Australians before your self interests and we might get out OK on the other side.

#AlboPM, you’re a traitor to the people who put you there in good faith.

#AsuPol

As if we don’t have enough #Grifters making a pile on #Australia ‘s slack #TaxRevenue from #GasExports here is another one to add to that pile:

“Amid renewed debate over whether Australia is getting enough tax from its gas exports, an investigation by the ABC shows how one LNG producer uses Singapore to help boost its profits.

That company is Shell, the global oil and gas super major, which is the world’s largest trader of the fuel.

Over the eight years to 2024, Shell’s LNG trading and marketing arm in Singapore made billions of dollars in profit. And it did so by buying LNG from producer countries such as Australia before on-selling the gas at a significant mark-up.”

I wonder how many more #FossilFuel #TaxEvasionSchemes are operating that we don’t know about. Wake up #AlboPM we’re all being had here!
https://www.abc.net.au/news/2026-05-11/australian-gas-giants-using-singapore-to-reduce-taxes/106632272

#GasExportTax #TaxWindfallProfits #ExtractiveIndustries #Shell #AusPol #TaxReformsNow

RE: https://flipboard.social/@newsguyusa/116546757843079296

I guess it won’t be long before the #RAN is sent in harm’s way again to support a completely #DerangedDemagogue #tRump (#KingDonny ).

It’d be great if we didn’t, but given #AlboPM ‘s lack of spine when it comes to the #Alliance… well, you know…

#AusPol

Indeed, how can this be? The answer is simple: Because #AlboPM wishes it so… Why? Well, that’s a whole other question isn’t it?

“The Japanese Government raises $8 billion per year from its Petroleum and Coal Tax, including around $710 million from imports of Australian gas.

By contrast, the Australian Government is currently getting around $420 million per year from gas exporters paying Petroleum Resource Rent Tax (PRRT). Prior to 2023, it was receiving zero. Nada. Nothing.

In other words, the Australian Government is getting less money from our gas exports than Japan is.

State and territory governments also raise money from gas, especially Queensland which expects to get $1.2 billion this financial year (page 64) from its onshore deposits.

But most of Australia’s gas exports come from massive offshore deposits owned by the Federal Government. This means that even though far more federally owned gas is exported, Queensland’s government (like Japan’s!) raises more money.

How can this be?”

Read more
https://thepoint.com.au/explainers/260508-how-the-japanese-government-taxes-australian-gas

#GasExportTax #AusPol #Japan #QLD #PRRT #Budget2026

Indeed, how can this be? The answer is simple: Because #AlboPM wishes it so… Why? Well, that’s a whole other question isn’t it?

“The Japanese Government raises $8 billion per year from its Petroleum and Coal Tax, including around $710 million from imports of Australian gas.

By contrast, the Australian Government is currently getting around $420 million per year from gas exporters paying Petroleum Resource Rent Tax (PRRT). Prior to 2023, it was receiving zero. Nada. Nothing.

In other words, the Australian Government is getting less money from our gas exports than Japan is.

State and territory governments also raise money from gas, especially Queensland which expects to get $1.2 billion this financial year (page 64) from its onshore deposits.

But most of Australia’s gas exports come from massive offshore deposits owned by the Federal Government. This means that even though far more federally owned gas is exported, Queensland’s government (like Japan’s!) raises more money.

How can this be?”

Read more
https://thepoint.com.au/explainers/260508-how-the-japanese-government-taxes-australian-gas

#GasExportTax #AusPol #Japan #QLD #PRRT #Budget2026

Indeed, how can this be? The answer is simple: Because #AlboPM wishes it so… Why? Well, that’s a whole other question isn’t it?

“The Japanese Government raises $8 billion per year from its Petroleum and Coal Tax, including around $710 million from imports of Australian gas.

By contrast, the Australian Government is currently getting around $420 million per year from gas exporters paying Petroleum Resource Rent Tax (PRRT). Prior to 2023, it was receiving zero. Nada. Nothing.

In other words, the Australian Government is getting less money from our gas exports than Japan is.

State and territory governments also raise money from gas, especially Queensland which expects to get $1.2 billion this financial year (page 64) from its onshore deposits.

But most of Australia’s gas exports come from massive offshore deposits owned by the Federal Government. This means that even though far more federally owned gas is exported, Queensland’s government (like Japan’s!) raises more money.

How can this be?”

Read more
https://thepoint.com.au/explainers/260508-how-the-japanese-government-taxes-australian-gas

#GasExportTax #AusPol #Japan #QLD #PRRT #Budget2026

Indeed, how can this be? The answer is simple: Because #AlboPM wishes it so… Why? Well, that’s a whole other question isn’t it?

“The Japanese Government raises $8 billion per year from its Petroleum and Coal Tax, including around $710 million from imports of Australian gas.

By contrast, the Australian Government is currently getting around $420 million per year from gas exporters paying Petroleum Resource Rent Tax (PRRT). Prior to 2023, it was receiving zero. Nada. Nothing.

In other words, the Australian Government is getting less money from our gas exports than Japan is.

State and territory governments also raise money from gas, especially Queensland which expects to get $1.2 billion this financial year (page 64) from its onshore deposits.

But most of Australia’s gas exports come from massive offshore deposits owned by the Federal Government. This means that even though far more federally owned gas is exported, Queensland’s government (like Japan’s!) raises more money.

How can this be?”

Read more
https://thepoint.com.au/explainers/260508-how-the-japanese-government-taxes-australian-gas

#GasExportTax #AusPol #Japan #QLD #PRRT #Budget2026

Indeed, how can this be? The answer is simple: Because #AlboPM wishes it so… Why? Well, that’s a whole other question isn’t it?

“The Japanese Government raises $8 billion per year from its Petroleum and Coal Tax, including around $710 million from imports of Australian gas.

By contrast, the Australian Government is currently getting around $420 million per year from gas exporters paying Petroleum Resource Rent Tax (PRRT). Prior to 2023, it was receiving zero. Nada. Nothing.

In other words, the Australian Government is getting less money from our gas exports than Japan is.

State and territory governments also raise money from gas, especially Queensland which expects to get $1.2 billion this financial year (page 64) from its onshore deposits.

But most of Australia’s gas exports come from massive offshore deposits owned by the Federal Government. This means that even though far more federally owned gas is exported, Queensland’s government (like Japan’s!) raises more money.

How can this be?”

Read more
https://thepoint.com.au/explainers/260508-how-the-japanese-government-taxes-australian-gas

#GasExportTax #AusPol #Japan #QLD #PRRT #Budget2026

Here is convincing evidence that a #GasTax ought to be applied. Watch #AlboPM hunker down and stay resolute in the face of mounting evidence. His days as leader of #Labor are as numbered as those of #Starmer in the UK.

https://johnmenadue.com/post/2026/05/the-pm-is-wrong-gas-exports-can-and-should-be-taxed/

#AusPol #TaxReform #TaxTheRich

#AlboPM has consistently argued and recently publically confirmed that he believes the #HousingCrisis issue is a #SupplySide problem (I.e. cut red-tape and throw enough money at the problem and it be resolved). Well, here is something that shows us not only how wrong our #PM can be, but how stubbornly he holds on to his opinions no matter what (a behaviourly trait that will, I foresee, bring his undoing as leader of the #Labor party):

“…right now, more than 100,000 approved dwellings are sitting unbuilt across New South Wales — not blocked by councils, not caught in red tape, simply not viable in current market conditions. The planning system approved them. The market didn’t build them.

The Reserve Bank’s own empirical modelling, published in 2019, found that a 1 per cent drop in interest rates increases house prices by 30 per cent, while a 1 per cent increase in dwelling stock reduces prices by just 2.5 per cent.

Given that new supply adds barely 1 per cent to existing stock annually, the supply-side arithmetic has never come close to explaining observed price movements. Those are explained by credit conditions, investor demand, migration levels and macroeconomic cycles — the demand-side levers that sit entirely outside the hands of council planners.”

And another nail in the #MarketsKnowBest coffin of #NeoLiberalism

Read. More:
https://thepoint.com.au/opinions/260505-abundance-and-why-trickle-down-housing-economics-just-admitted-what-town-planners-always-knew

#AusPol

#AlboPM has consistently argued and recently publically confirmed that he believes the #HousingCrisis issue is a #SupplySide problem (I.e. cut red-tape and throw enough money at the problem and it be resolved). Well, here is something that shows us not only how wrong our #PM can be, but how stubbornly he holds on to his opinions no matter what (a behaviourly trait that will, I foresee, bring his undoing as leader of the #Labor party):

“…right now, more than 100,000 approved dwellings are sitting unbuilt across New South Wales — not blocked by councils, not caught in red tape, simply not viable in current market conditions. The planning system approved them. The market didn’t build them.

The Reserve Bank’s own empirical modelling, published in 2019, found that a 1 per cent drop in interest rates increases house prices by 30 per cent, while a 1 per cent increase in dwelling stock reduces prices by just 2.5 per cent.

Given that new supply adds barely 1 per cent to existing stock annually, the supply-side arithmetic has never come close to explaining observed price movements. Those are explained by credit conditions, investor demand, migration levels and macroeconomic cycles — the demand-side levers that sit entirely outside the hands of council planners.”

And another nail in the #MarketsKnowBest coffin of #NeoLiberalism

Read. More:
https://thepoint.com.au/opinions/260505-abundance-and-why-trickle-down-housing-economics-just-admitted-what-town-planners-always-knew

#AusPol

#AlboPM has consistently argued and recently publically confirmed that he believes the #HousingCrisis issue is a #SupplySide problem (I.e. cut red-tape and throw enough money at the problem and it be resolved). Well, here is something that shows us not only how wrong our #PM can be, but how stubbornly he holds on to his opinions no matter what (a behaviourly trait that will, I foresee, bring his undoing as leader of the #Labor party):

“…right now, more than 100,000 approved dwellings are sitting unbuilt across New South Wales — not blocked by councils, not caught in red tape, simply not viable in current market conditions. The planning system approved them. The market didn’t build them.

The Reserve Bank’s own empirical modelling, published in 2019, found that a 1 per cent drop in interest rates increases house prices by 30 per cent, while a 1 per cent increase in dwelling stock reduces prices by just 2.5 per cent.

Given that new supply adds barely 1 per cent to existing stock annually, the supply-side arithmetic has never come close to explaining observed price movements. Those are explained by credit conditions, investor demand, migration levels and macroeconomic cycles — the demand-side levers that sit entirely outside the hands of council planners.”

And another nail in the #MarketsKnowBest coffin of #NeoLiberalism

Read. More:
https://thepoint.com.au/opinions/260505-abundance-and-why-trickle-down-housing-economics-just-admitted-what-town-planners-always-knew

#AusPol

#AlboPM has consistently argued and recently publically confirmed that he believes the #HousingCrisis issue is a #SupplySide problem (I.e. cut red-tape and throw enough money at the problem and it be resolved). Well, here is something that shows us not only how wrong our #PM can be, but how stubbornly he holds on to his opinions no matter what (a behaviourly trait that will, I foresee, bring his undoing as leader of the #Labor party):

“…right now, more than 100,000 approved dwellings are sitting unbuilt across New South Wales — not blocked by councils, not caught in red tape, simply not viable in current market conditions. The planning system approved them. The market didn’t build them.

The Reserve Bank’s own empirical modelling, published in 2019, found that a 1 per cent drop in interest rates increases house prices by 30 per cent, while a 1 per cent increase in dwelling stock reduces prices by just 2.5 per cent.

Given that new supply adds barely 1 per cent to existing stock annually, the supply-side arithmetic has never come close to explaining observed price movements. Those are explained by credit conditions, investor demand, migration levels and macroeconomic cycles — the demand-side levers that sit entirely outside the hands of council planners.”

And another nail in the #MarketsKnowBest coffin of #NeoLiberalism

Read. More:
https://thepoint.com.au/opinions/260505-abundance-and-why-trickle-down-housing-economics-just-admitted-what-town-planners-always-knew

#AusPol

@gwendolenau
If it is, then why doesn’t he spell out what deals he made to secure #Fuel supplies. That’s my No1 beaf with him.

Secondly, any #GasTax imposed now will have “No” effect on current constracts, all of which (I deduce from what I’ve read so far) are multi-year contracts, including #Japan (also has extensive refinery production and stockpiles of #Crude and #Gas) which is has multi-multi-year contracts at cheapest prices allowing them to #OnSell gas and make a profit on it (should be our profits).

Another possibility is that #Japan is a hefty #Investor (Shareholders) in the biggest Australian gas projects and #AlboPM is afraid to mess with such a ‘good’ relationship (even thought Japan is screwing us left, right, and centre)

So yes, good guesses. None of them (including mine) very convincing if this is what #AlboPM is so ‘mum’ about, unless there there is more to it. In which case, what is so ‘secret’ about it that he can’t bring himself to tell us? No, he’s just a #SecretiveLittleGnome I doubt his cabinet even knows the truth.

/end_of_rant_on_GasTaxes_Taking_a_rest_now/

RE: https://mastodon.social/@IndyMediaAus/116501896025226750

I’ve been thinking. Maybe, we’ve all got it wrong and #AlboPM is not colluding with the #GasIndustry at all and there are good reasons why he is not slapping a substantial #GasExpotTax on those bloddy #Grifters and their #Shareholders. But we just don’t know about it. Sure it would help if #AlboPM manned up and explain himself without using dumb soundbites and quips that, translated, mean we’re all dimwits and wouldn’t understand even if he told us. Hell, it would be good enough if he told his cabinet the ‘good reasons’ not to so that his cabinet could tell us the things #AlboPM can’t … for some reason…

But no… of course not… he is such a #Secretive little gnome.
Anyway, read the article and feel better by knowing you’re nor the only one who thinks #AlboPM ‘s got it massively wrong. Sad sack that he is.

#AusPol

#Labor is selling us out to the #Grifting #Gas industry corporations, their #Investors and their #Shareholders. Not only are the Gas companies taking the mickey, our #PrimeMinister #AlboPM is colluding with them at having a jolly ol’ laugh at every Australian’s expense. Literally.

Aside from that, it seems we can’t afford the NDIS— Give me a break.

https://www.youtube.com/shorts/puDDd8vNsUM

#AusPol #TaxReform #FossilFuels

#Labor is selling us out to the #Grifting #Gas industry corporations, their #Investors and their #Shareholders. Not only are the Gas companies taking the mickey, our #PrimeMinister #AlboPM is colluding with them at having a jolly ol’ laugh at every Australian’s expense. Literally.

Aside from that, it seems we can’t afford the NDIS— Give me a break.

https://www.youtube.com/shorts/puDDd8vNsUM

#AusPol #TaxReform #FossilFuels

#Labor is selling us out to the #Grifting #Gas industry corporations, their #Investors and their #Shareholders. Not only are the Gas companies taking the mickey, our #PrimeMinister #AlboPM is colluding with them at having a jolly ol’ laugh at every Australian’s expense. Literally.

Aside from that, it seems we can’t afford the NDIS— Give me a break.

https://www.youtube.com/shorts/puDDd8vNsUM

#AusPol #TaxReform #FossilFuels

#Labor is selling us out to the #Grifting #Gas industry corporations, their #Investors and their #Shareholders. Not only are the Gas companies taking the mickey, our #PrimeMinister #AlboPM is colluding with them at having a jolly ol’ laugh at every Australian’s expense. Literally.

Aside from that, it seems we can’t afford the NDIS— Give me a break.

https://www.youtube.com/shorts/puDDd8vNsUM

#AusPol #TaxReform #FossilFuels

#Labor is selling us out to the #Grifting #Gas industry corporations, their #Investors and their #Shareholders. Not only are the Gas companies taking the mickey, our #PrimeMinister #AlboPM is colluding with them at having a jolly ol’ laugh at every Australian’s expense. Literally.

Aside from that, it seems we can’t afford the NDIS— Give me a break.

https://www.youtube.com/shorts/puDDd8vNsUM

#AusPol #TaxReform #FossilFuels

If #AlboPM is resisting the #GasTax because he gave his ‘word’ to foreign gas recipient’s demands (aka Bullying) to not do so, then he’s a bigger mug than I thought and frankly not as savvy as he portrays.

One: Those mulit-year fixed prices gas export contract will outlast the #Hormuz debacle (plan?) so any increases the #Grifting Corporations might add to the price of gas will be felt years from now when contracts are to be renewed.

Two: The #Investors are also the recipients of the gas and a tax on gas will cut into their egregious profit margins. So who cares?

Conclusion: AlboPM is complicit (knowingly or otherwise) to the rape and pillage of Australian sovereign #resources and a flight of our currency to foreign shores.

Ergo — kick #Labor out of govt and put the Greens in to fix this shit!

https://www.smh.com.au/politics/federal/albanese-kills-gas-tax-to-protect-nation-s-fuel-security-and-asian-refinery-deals-20260429-p5zs1t.html

#AusPol #FossilFuel #ExtractiveIndustries #ForeignInvestment

If #AlboPM is resisting the #GasTax because he gave his ‘word’ to foreign gas recipient’s demands (aka Bullying) to not do so, then he’s a bigger mug than I thought and frankly not as savvy as he portrays.

One: Those mulit-year fixed prices gas export contract will outlast the #Hormuz debacle (plan?) so any increases the #Grifting Corporations might add to the price of gas will be felt years from now when contracts are to be renewed.

Two: The #Investors are also the recipients of the gas and a tax on gas will cut into their egregious profit margins. So who cares?

Conclusion: AlboPM is complicit (knowingly or otherwise) to the rape and pillage of Australian sovereign #resources and a flight of our currency to foreign shores.

Ergo — kick #Labor out of govt and put the Greens in to fix this shit!

https://www.smh.com.au/politics/federal/albanese-kills-gas-tax-to-protect-nation-s-fuel-security-and-asian-refinery-deals-20260429-p5zs1t.html

#AusPol #FossilFuel #ExtractiveIndustries #ForeignInvestment

If #AlboPM is resisting the #GasTax because he gave his ‘word’ to foreign gas recipient’s demands (aka Bullying) to not do so, then he’s a bigger mug than I thought and frankly not as savvy as he portrays.

One: Those mulit-year fixed prices gas export contract will outlast the #Hormuz debacle (plan?) so any increases the #Grifting Corporations might add to the price of gas will be felt years from now when contracts are to be renewed.

Two: The #Investors are also the recipients of the gas and a tax on gas will cut into their egregious profit margins. So who cares?

Conclusion: AlboPM is complicit (knowingly or otherwise) to the rape and pillage of Australian sovereign #resources and a flight of our currency to foreign shores.

Ergo — kick #Labor out of govt and put the Greens in to fix this shit!

https://www.smh.com.au/politics/federal/albanese-kills-gas-tax-to-protect-nation-s-fuel-security-and-asian-refinery-deals-20260429-p5zs1t.html

#AusPol #FossilFuel #ExtractiveIndustries #ForeignInvestment

If #AlboPM is resisting the #GasTax because he gave his ‘word’ to foreign gas recipient’s demands (aka Bullying) to not do so, then he’s a bigger mug than I thought and frankly not as savvy as he portrays.

One: Those mulit-year fixed prices gas export contract will outlast the #Hormuz debacle (plan?) so any increases the #Grifting Corporations might add to the price of gas will be felt years from now when contracts are to be renewed.

Two: The #Investors are also the recipients of the gas and a tax on gas will cut into their egregious profit margins. So who cares?

Conclusion: AlboPM is complicit (knowingly or otherwise) to the rape and pillage of Australian sovereign #resources and a flight of our currency to foreign shores.

Ergo — kick #Labor out of govt and put the Greens in to fix this shit!

https://www.smh.com.au/politics/federal/albanese-kills-gas-tax-to-protect-nation-s-fuel-security-and-asian-refinery-deals-20260429-p5zs1t.html

#AusPol #FossilFuel #ExtractiveIndustries #ForeignInvestment

@sister_ratched
Totally agree. #AlboPM ‘s reticence is political. I also agree that where these so-called #ISISBrides are #Australian #Citizens they should be repatriated and face the #justice system if indictable in accordance with Australian #Law. End of story.

This miserable saga ought to weight heavily on every citizen and their constitutional rights.

@sister_ratched
Totally agree. #AlboPM ‘s reticence is political. I also agree that where these so-called #ISISBrides are #Australian #Citizens they should be repatriated and face the #justice system if indictable in accordance with Australian #Law. End of story.

This miserable saga ought to weight heavily on every citizen and their constitutional rights.

@sister_ratched
Totally agree. #AlboPM ‘s reticence is political. I also agree that where these so-called #ISISBrides are #Australian #Citizens they should be repatriated and face the #justice system if indictable in accordance with Australian #Law. End of story.

This miserable saga ought to weight heavily on every citizen and their constitutional rights.

@sister_ratched
Totally agree. #AlboPM ‘s reticence is political. I also agree that where these so-called #ISISBrides are #Australian #Citizens they should be repatriated and face the #justice system if indictable in accordance with Australian #Law. End of story.

This miserable saga ought to weight heavily on every citizen and their constitutional rights.

@sister_ratched
Totally agree. #AlboPM ‘s reticence is political. I also agree that where these so-called #ISISBrides are #Australian #Citizens they should be repatriated and face the #justice system if indictable in accordance with Australian #Law. End of story.

This miserable saga ought to weight heavily on every citizen and their constitutional rights.

This statment by the CEO of the Business Council Association is exactly what our #AlboPM is parroting publically:

“Mr Black gave evidence to the Senate inquiry on its second day of public hearings, arguing a levy would be “counterproductive” at a time when Australia needs more investment. […] Energy investors are like butterflies – if they are scared, they fly away,” he said, citing the head of the International Energy Agency (IEA).”

Which, of course, is absolute BS. All that investors need for incentive is a sound #BusinessCase that promisses #Profit. ANY PROFIT above the #CashRate will do. It doesn’t have to be the promisse of #Pilfering or #Sacking an economy FFS. ANy fool understands this. WHY doesn’t the #PM get it? If #AlboPM is not fool (and I have no reason to think he is), then HE IS COMPLICIT in the rape and sacking of the country by #Multinationals and the #ExtractiveIndustries - pure and simple (Because based on numbers, it’s not about jobs). And the #NationalSecurity ballon won’t fly here either.

I’m getting fed up hearing this neoliberal lie over and over and over again…

#AusPol #GasTac #TaxReform #LameLabor

@jessta
It’s thoroughlly disheartening to see a #Labor #PM mouth off #FossilFuelLobby #TalkingPoints as if he doesn’t have a brain capable of thinking for himself.

AND

If I am wrong, then what is so hard for #AlboPM to explain his position and the critical thinking he applied to arrive there?

IMO

The fact that he hasn’t told Australians what is on his mind is all the answers I need. The #PM is a fool and a traitor to #LaborValues.

The #Greens have my vote from now on.

#AusPol

@johnquiggin
Reversal of the #JRG has been an obvious ‘must do’ for the govt since #AlboPM ended the #Morrison debacle. One then wonders why this hasn’t already been done… yet another #Labor failure to act for the better of society as a whole.
#AusPol #LaborFails

@Su_G
Wouldn’t take a genius to make a business out of btty swap stations, just as he #fosilfuel industry did with petrol stations. All we need is national btty unit standards… #AlboPM #ChrisBowen

I guess now we are going to find out whether #AlboPM is a shrewd srategist or simply a limp biscuit.

“The first rule of politics is to never waste a crisis. The current fuel crisis due to the Iran war is one the Australian government needs to seize. The old political concerns about taxing gas companies are now dead. Should the Albanese government fail to act it should not be surprised if voters angry at rising petrol, gas and electricity prices begin to look elsewhere” (Greg Jericho
Thu 19 Mar 2026 in The Guardian)

Read more:

https://www.theguardian.com/business/grogonomics/2026/mar/19/australian-government-gas-industry-iran-war-fuel-crisis

#AusPol #FuelShortage #FuelTax #EVSubsidies #Electrification

With the headline: ‘The Albanese Government has again signalled its plans to wind back the capital gains tax discount, after a Senate inquiry gave Treasurer Jim Chalmers the green light ahead of the May budget.’ (Source: The Point) I am hoping that #AlboPM ‘s doggedness doesn’t get in the way of #Chalmers getting some kind of tax reform out in the #MayBudget. I’m all crossed up willing it not to be for nought.

Read more:
https://thepoint.com.au/news/260318-pressure-mounts-on-albanese-government-to-curb-investor-tax-breaks-after-inquiry-findings

#CGT #NegativeGearing #AusPol

@RHW
Yep. And what does #AlboPM do about it? Nada. Zero. Zilch. Nothing (the #PRRT rate rise is a joke and #GasIndustries are laughing all the way to their (foreign) banks).
#AusPol

😤😤

@RHW
Yep. And what does #AlboPM do about it? Nada. Zero. Zilch. Nothing (the #PRRT rate rise is a joke and #GasIndustries are laughing all the way to their (foreign) banks).
#AusPol

😤😤

@RHW
Yep. And what does #AlboPM do about it? Nada. Zero. Zilch. Nothing (the #PRRT rate rise is a joke and #GasIndustries are laughing all the way to their (foreign) banks).
#AusPol

😤😤

@RHW
Yep. And what does #AlboPM do about it? Nada. Zero. Zilch. Nothing (the #PRRT rate rise is a joke and #GasIndustries are laughing all the way to their (foreign) banks).
#AusPol

😤😤

@RHW
Yep. And what does #AlboPM do about it? Nada. Zero. Zilch. Nothing (the #PRRT rate rise is a joke and #GasIndustries are laughing all the way to their (foreign) banks).
#AusPol

😤😤

#MarkOggy may have hit the nail on the head when he wrote:
‘The secrecy around government interactions with the gas industry means that we can only guess why our elected representatives have failed us so badly on this issue. But one thing we can say with certainty is that many of our politicians are too close to the gas industry.’

Whatever the reason all govts have so far utterly failed to look after the interests on ordinary Australians. Now, with more economist finally coming to their senses and pushing for more tax revenue to be garnered off #GasExports , it might give #AlboPM the excuse he needs (because #Chalmers certainly doesn’t need it) to finally be ‘progressive’ as the Labor Party ought to be.

Read more:
https://thepoint.com.au/opinions/260316-why-labor-and-coalition-fear-david-pococks-gas-inquiry
#AusPol