Analyst Wrap, 14 May 2005

THE 2005 Federal Government Budget gives Australia's offshore oil and gas industry an extra $200 million in funding, primarily in the form of anti-terrorism measures. Future LNG projects, companies paying Petroleum Resource Rent Tax (PRRT) and foreign executives employed in Australia will also benefit from the Budget.

Analyst Wrap, 14 May 2005 Analyst Wrap, 14 May 2005 Analyst Wrap, 14 May 2005 Analyst Wrap, 14 May 2005 Analyst Wrap, 14 May 2005

The Australian Petroleum Production and Exploration Association (APPEA) described the PRRT changes as ‘meaningful’, saying that under the former tax payment lodgement deadlines (previously 42 days,

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