POLICY

Albanese hits out at opposition over lack of support for PRRT reforms

AUSTRALIAN prime minister Anthony Albanese has hit out at the federal Liberal-National opposition saying they are a "Coalition of yesterday" for not supporting reforms to the Petroleum Resources Rent Tax announced over the weekend.

Albanese hits out at opposition over lack of support for PRRT reforms

  The overhaul of the PRRT will see the government limit the amount of offsets available to industry to 90% and raise A$2.4 billion over the next four years. Canberra can take 40% of profits from all...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry