As regular Australians struggle, gas companies are making massive profits and paying minimal tax. It is perverse | Rod Sims

Source: paperadam

3 Comments

  1. Fucking boring! It’s just the same words regurgitated over and over year after year.

  2. Potatoe_Potahto on

    Look on the bright side, every single resources minister we’ve had for the last 30 years is enjoying the cushiest retirement you ever heard of.

  3. There are a few different gas companies in Australia. They are Australian owned, on the ASX, owned by most Redditors through there Superannuation schemes.

    I own small parcels of shares in these companies. I can assure you that they are not making huge profits in large part due to the massive taxes they pay.

    This is unlike renewables. They are privately held mainly by foriegn companies. They pay no tax and receive huge subsidies, which go back to the foriegn owners. To my knowledge you cannot buy shares in renewables companies.

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