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Callaghan's limited mandate

FORMER Treasury official Michael Callaghan’s rationale for recommending only minimal tweaks of Australia’s existing Petroleum Resource Rent Tax for future developments was that he did not have a mandate to look at existing projects.

Haydn Black
Callaghan's limited mandate

Under questioning by a Senate committee into tax avoidance, Callaghan said his review was not given the power under its terms of reference from Treasurer Scott Morrison to examine changes to existing projects...

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