#resourcerent — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #resourcerent, aggregated by home.social.
-
Aussies are stunned: Treasury just confirmed we’ll rake in $2.7B from beer excise in 2025-26… but only $1.5B from PRRT on our massive offshore gas exports. We’re one of the world’s biggest LNG exporters, yet multinational gas giants pay less tax than punters pay on a slab.
This is broken. Gas companies dodge super-profits tax with endless deductions while everyday drinkers get slugged. Time to fix PRRT, slap on real royalties or a flat export tax, and build a proper sovereign wealth fund for future generations—not corporate handouts.
Why are we taxing beer harder than billion-dollar gas rip-offs? Tax the extractors, not the exhausted.
#PRRT #GasTax #ResourceRent #AustraliaInstitute #TaxJustice #EndCorporateWelfare