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POLICY

Greens eye-watering tax proposal for oil and gas

AS the election date creeps closer the Australian Greens have proposed, and costed, a 10% tax on oil and gas companies which would deliver the next federal government $90 billion from industry over a 10 year period.

paul hunt
Greens eye-watering tax proposal for oil and gas

  This would be a reform to the Petroleum Resources Rent Tax which came into force in January of 1988, by the environment-focussed party.  Industry has accrued some A$250 billion in credits against...

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