PRRT bill passes Senate

THE federal government scored a legislative victory yesterday with the passage of a package of bills in the Senate including an extension of the Petroleum Resource Rent Tax, which will now apply to onshore oil and gas projects, the North West Shelf project and to the shale oil and coal seam gas sectors.

PRRT bill passes Senate
PRRT bill passes Senate
PRRT bill passes Senate
PRRT bill passes Senate
PRRT bill passes Senate

While much of the focus of the fiery debate was on the controversial Minerals Resource Rent Tax, extension of the PRRT has been more acceptable to both the industry and the politicians.

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