#gascartel — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #gascartel, aggregated by home.social.
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
-
Australia Institute research shows that Japan collects more tax from Australian gas than Australia.
Japan, a country with no gas, oil or coal reserves of its own, collected almost $40 billion over the last five years while the Australian PRRT provided only $7 billion to Australians.
✍ Join 95,000+ Australians and sign the petition demanding gas companies hand over our fair share now!
#taxgas #prrt #gastax #gas #gaslobby #auspol #gascartel
https://nb.australiainstitute.org.au/fix_gas_export_problem_b?
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@ApaulD Absolutely infuriating. While Norway built a $350B sovereign wealth fund by taxing gas at 78%, we let Inpex extract $36 billion in revenue and pay basically nothing. They literally admitted to "optimising" tax through corporate restructuring—ie, deliberately dodging obligations—while we subsidised their infrastructure with billions in public money.
This is extractive capitalism at its worst: socialise the risk and costs, privatise the profits, export the resources that belong to all of us, and leave Australians with crumbs. The PRRT is a complete joke—no gas company has ever paid it on exported gas.
We desperately need a resource super profits tax modeled on Norway, not this neoliberal giveaway to foreign multinationals.#auspol #taxjustice #corporategreed #gascartel #extractivecapitalism #prrt #inpex #norway #resourcetax #australia #multinationaltax #anticapitalism
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Norway taxes its oil wealth heavily, owns a share of production, and invests the proceeds for future generations. Australia, by contrast, practically gives its resources away.
The ABC story notes the contrast — but misses the deeper rot: our tax system was designed by and for the resource giants. The PRRT barely touches gas profits, and the Minerals Resource Rent Tax was killed off by mining lobbyists and their political mouthpieces. The result? Billions in exports, next to nothing returned to the public.
Norway treats its resources as a national inheritance; Australia treats them as a private loot. Offshore LNG producers have paid almost no PRRT, iron ore and coal escape rent taxes altogether, and companies exploit endless deductions to avoid paying their share. The so-called “reform” talk is theatre — the same oligarchs who own the mines own the media, shaping the story to make looting sound like patriotism.
Every tonne extracted should fund schools, hospitals and the energy transition, not private jets and political donations. Until we have a national resource rent tax and a sovereign wealth fund that captures super-profits for the public, we’ll keep being a quarry masquerading as a country.#taxjustice #australia #resources #inequality #climate #auspol #PRRT #fossilfuels #gascartel #sovereignWealthFund
https://www.abc.net.au/news/2025-11-05/lessons-for-australia-from-norways-tax-on-resources/105939048
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The Australian government just approved Woodside's gas project extension until 2070, effectively giving them $215 billion worth of gas for free while Aussie punters pay some of the world's highest energy prices. Corporate media covered it as "activists vs government" drama, completely ignoring that we're literally handing our wealth to tax-dodging gas cartels who don't even pay royalties #auspol #Woodside #gascartel #gas #taxdodgers
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How 2000 Aussie punters helped me raise $85,000 to put billboards across the country exposing gas companies' tax dodging - including one massive billboard right outside #Woodside HQ where every executive can see that Aussie teachers pay more tax than their entire industry.
#gas #gascartel #taxdodging #auspol #punterspolitics -
I snuck a billboard into the heart of Tokyo to expose how INPEX, Japan's government-owned gas corporation, is getting billions of dollars of Australian gas for free while paying zero royalties and barely any tax to Aussie punters. #punterspolitics #auspol #gas #gascartel #chevron #woodside #shell #Santos #inpex
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It’s outrageous that Australian governments continue to prioritise the gas cartel and foreign interests over affordable electricity for Australians. As Rex Patrick reveals in the latest FOI documents, that’s exactly what’s happening.
In October 2022, nine months after Russia invaded Ukraine, then WA Premier Mark McGowan advised the federal government to follow his state’s lead on managing rising gas and electricity prices.
#auspol #energycrisis #rexpatrick #gasprices #electricitycosts #westernaustralia #markmcgowan #governmentpolicy #gascartel #abc730 #australia #gascartel
#resourcesector #gasindustry #chevron #exxonmobil #woodside #shellhttps://michaelwest.com.au/fois-gas-cartel-conned-government-fixed-high-energy-prices/