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Tuesday, May 21, 2024

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Times have changed

Veteran economist and one-time Bob Hawke adviser Ross Garnaut put forward some Very Big Ideas in last night’s Jobs and Skills Summit keynote address, in which he called on the government to use the...

What the oil and gas industry tells itself

Royce Kurmelovs reportsOn day two, Kevin Gallagher stepped to the main stage at the Brisbane Convention & Exhibition Centre, where the oil and gas industry was holding its annual national conference, and began his...

Australia already has a UK-style windfall profits tax on gas – but we’ll give away tens of billions of dollars unless we fix it...

Australia already has a UK-style windfall profits tax on gas – but we’ll give away tens of billions of dollars unless we fix it soon Peter Martin, Crawford School of Public Policy, Australian National University The...

The Big Gas Con – how fossil fuel giants are cheating Australia’s emissions system

by Callum Foote | May 15, 2022 | An unholy alliance of carbon farmers and Big Gas lobbyists are quietly shaping Australia’s emissions reduction framework to maximise their take of taxpayer money while increasing emissions...

Tax rorters 2017-2018 Groundhog Day

Alan Joyce CEO of Qantas has a take home salary of A$24,500,000 which turns out to be more than double the $10,955,067 tax Qantas begrudgingly paid to Australia. Effectively taxpayers have underwritten - kicked...

Australia is missing out on tax revenue from gas projects

Australia is missing out on tax revenue from gas projects Diane Kraal, Monash University Despite huge investment from the liquefied natural gas (LNG) industry, the revenue generated by taxing gas is falling. This is in part...

Pigs at the trough – Revenues of $5billion or yearly cost of 9.5 million pensioners – Can’t afford to pay tax!

Prime Minister Turnbull is pushing Tax Breaks for the Big End Of Town Why? The following corporations while generating revenues of almost $5billion dollars have decided that the Australian Taxpayers should subsidise their Management Fees, Directors...

How 76 profitable companies left Australian taxpayers $5.6 billion out of pocket

The biggest multinational companies operating in Australia are paying half the 30 per cent corporate tax rate on average, according to a new report delivered just weeks out from a budget expected to target...

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