Australia's capital mobility nightmare

AUSTRALIANS see themselves as friendly people, but Slugcatcher doubts that the oil industry sees it that way with the threat of higher taxes being layered onto other negative factors that have turned the country into a more hostile environment for oil and gas exploration and production.

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A review of the Petroleum Resource Rent Tax is the latest issue to strain relations between the industry and government, and even if nothing happens to the PRRT, which seems likely, it's a reminder