POLICY

Cut red tape for oil and gas sector to counter recession: Pitt

AUSTRALIA'S oil and gas onshore and offshore sector contributed about A$5 billion in taxes, royalties and other fees in 2016 - 2017, but more needs to be done to cut red tape and support the sector according to a draft report by the Productivity Commission.

paul hunt

Resources minister Keith Pitt prepares for an interview on Sky.

The Productivity Commission's draft report contains 45 findings and 10 draft recommendations and comes as Australia battles economic woes which analysts have already labelled a domestic recession. ...

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