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Confirms The Case For A Gas Export Tax (Read 591 times)
whiteknight
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Confirms The Case For A Gas Export Tax
Jul 4th, 2026 at 3:10am
 
Now is the time: $18 billion gas war windfall confirms the case for a gas export tax
2026-07-03
greens.org.au
The Greens say new analysis showing Australian gas corporations are expected to receive an additional $18 billion windfall over the next year reinforces what has become increasingly clear: global conflict is delivering extraordinary profits to multinational gas companies while Labor continues to refuse to make them pay their fair share.

The USA and Israel’s war on Iran, and instability around the Strait of Hormuz, has sent global gas prices soaring, strengthening the case for a minimum 25 per cent gas export tax.

Lines attributable to Greens’ resources spokesperson, Senator Steph Hodgins-May:

“This confirms what many suspected: multinational gas corporations are set to make enormous windfall profits from a global conflict, while Australians continue to be ripped off.

“These war-driven windfall profits are about to arrive, and Labor is still refusing to make the gas giants pay what they owe.

“Multinational gas corporations are set to pocket an extra $18 billion from Australian gas exports off the back of Trump’s bloody war on Iran, while Australians continue to be ripped off.

“Australians did not ask for this illegal war. But if the government had the courage to stand up to the gas lobby and introduced a 25 per cent gas export tax in May’s Budget, billions of dollars from this windfall could be flowing back into lower energy bills, stronger public services and real cost-of-living relief instead of into offshore profits.

“Instead, these extraordinary profits will largely flow offshore while Australians get short-changed from the resources they own.

“Every day Labor delays is another day multinational gas corporations make blood-soaked profits from resources Australians own, while families are told there’s no money for the services they rely on.

“The momentum for a gas export tax is only growing. It’s not going away. Now is the time for Labor to stop protecting the gas lobby and start delivering Australians a fair return for the gas they own.”
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whiteknight
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Re: Confirms The Case For A Gas Export Tax
Reply #1 - Jul 8th, 2026 at 6:18am
 
The Australian greens get it right again.   Smiley
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lee
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Re: Confirms The Case For A Gas Export Tax
Reply #2 - Jul 8th, 2026 at 1:14pm
 
whiteknight wrote on Jul 4th, 2026 at 3:10am:
The Greens say new analysis showing Australian gas corporations are expected to receive an additional $18 billion windfall over the next year reinforces what has become increasingly clear: global conflict is delivering extraordinary profits to multinational gas companies while Labor continues to refuse to make them pay their fair share.


Projections are not income. So what exactly have the Green's shown? What were the parameters used in the modelling? Roll Eyes
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Grappler Racist Filth
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Re: Confirms The Case For A Gas Export Tax
Reply #3 - Jul 8th, 2026 at 4:11pm
 
National Resources Sovereign Fund.... why are we having global corporations who hide in pirate tax havens taking all the profits from these ventures?

Are Australians suddenly too stupid to handle their own resources, financing, and on-shipping.... well ... in a word ... YES ... but only when they are those 'managing' these vast resources.

These offshore parasitic vultures borrow money to do this and return billions as a result.. why is it not possible for Australia to do the same - well..... I mean apart from the incompetence, lack of real education, addiction to ideology, and the current blind canyon of progressivism to cater to all the downtrodden in the world... internationalism socialism truly after the lowest mold on Earth... instead of offering a chance for riches in a rich country - it offers a chance for riches in an increasingly poor country...

"Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tost to me,
I lift my lamp beside the golden door
... and make my Aussie people tired and poor ...
Those huddled masses yearning to breathe free,
The wretched refuse on their now teeming shore."


USS Washington opens fire at point blank range of 3.5 miles.... the flashes back along the superstructure are 5in that joined in at that range... it's a nice allegory for blasting idiots...
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« Last Edit: Jul 8th, 2026 at 4:19pm by Grappler Racist Filth »  

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams
 
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lee
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Re: Confirms The Case For A Gas Export Tax
Reply #4 - Jul 8th, 2026 at 4:15pm
 
Grappler Racist Filth wrote on Jul 8th, 2026 at 4:11pm:
why are we having global corporations who hide in pirate tax havens taking all the profits from these ventures?


Which corporations, which tax havens? Roll Eyes
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Grappler Racist Filth
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Re: Confirms The Case For A Gas Export Tax
Reply #5 - Jul 8th, 2026 at 6:26pm
 
lee wrote on Jul 8th, 2026 at 4:15pm:
Grappler Racist Filth wrote on Jul 8th, 2026 at 4:11pm:
why are we having global corporations who hide in pirate tax havens taking all the profits from these ventures?


Which corporations, which tax havens? Roll Eyes


Patamandoun Shouasinghe and his Indian groups... who do you imagine?  LePonce Powerston of US Interests.  Lean Wun Wai of Chinois Investment .... they function on borrowed money - the rule is never to put your own capital in harm's way - borrow and if you 'go bust' in theory, YOUR money is untouched and only the lenders take a hit while you luxuriate in your mega salary alongside your family and friends on theirs, all of which is a 'business expense' and is not recoverable by the lender in the event of 'collapse' ...they get their flow from our resources - they have their legal entities in tax havens - they pay Swee Bugaral (the Singaporean affiliate) in taxes.... don't discuss the absurdity of 'royalties' - YTF would any fish farmer take five dollars an acre so someone could use his waterland to make millions and leave it in ruins before disappearing owing millions?
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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams
 
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lee
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Re: Confirms The Case For A Gas Export Tax
Reply #6 - Jul 8th, 2026 at 7:59pm
 
you didn't say which tax havens. Roll Eyes
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