The ALP is the party for Woodside. The ALP, coalition and One Nation are all parties that favour Defence industries, surveillance government and watering down international law while grifting themselves into post politics positions. Vote greens at all levels of government.
Rotor4 on
Australians want you to stick up for the country not faceless mulit national corps . Albo just do it !
Jet90 on
> Mr Albanese was interviewed on radio during a post-budget trip to Perth, during which he claimed that “gas companies paid $22 billion of tax last year”.
> The $22 billion figure is not an official estimate by the Australian Taxation Office (ATO), but a figure produced by a gas lobby group.
> The latest ATO figure is $10.2 billion in company tax in 2023-24 along with $1.4 billion in PRRT, payments that were boosted by high gas prices due to Russia’s invasion of Ukraine and the war in the Middle East.
> “Leaving aside the fact that many ordinary Australians express themselves through social media, what is most surprising about Mr Albanese’s comments is that he seems to be unaware that calls for an export tax came first from the Australian Council of Trade Unions,” he said.
brisbaneacro on
It would be helpful if the media would actually break down the 22 billion to give people a clear picture of what’s going on, but they won’t because they are being at least as dishonest as the gas lobby.
From what I can tell the gas lobby is counting state royalties as “tax” and the media would like to pretend that the royalties don’t exist. But again, I think a real journalist should do their job and actually check and highlight that.
I don’t think it’s unreasonable to count state royalties towards the money that it brings in for the taxpayer. It’s literally a logical fallacy to just dismiss it as a gas lobby talking point.
Anyone that looks into this for more than a couple minutes knows that the 25% figure is not realistic and the gas companies don’t even make that in profit. Their goal isn’t to get us money for gas, their goal is to attack the government and get people mad. If they were serious about it then they would be talking about PRRT reform.
BargainBinChad on
It’s all starting to slip through his fingers now. He don’t got this.
5 Comments
The ALP is the party for Woodside. The ALP, coalition and One Nation are all parties that favour Defence industries, surveillance government and watering down international law while grifting themselves into post politics positions. Vote greens at all levels of government.
Australians want you to stick up for the country not faceless mulit national corps . Albo just do it !
> Mr Albanese was interviewed on radio during a post-budget trip to Perth, during which he claimed that “gas companies paid $22 billion of tax last year”.
> The $22 billion figure is not an official estimate by the Australian Taxation Office (ATO), but a figure produced by a gas lobby group.
> The latest ATO figure is $10.2 billion in company tax in 2023-24 along with $1.4 billion in PRRT, payments that were boosted by high gas prices due to Russia’s invasion of Ukraine and the war in the Middle East.
> “Leaving aside the fact that many ordinary Australians express themselves through social media, what is most surprising about Mr Albanese’s comments is that he seems to be unaware that calls for an export tax came first from the Australian Council of Trade Unions,” he said.
It would be helpful if the media would actually break down the 22 billion to give people a clear picture of what’s going on, but they won’t because they are being at least as dishonest as the gas lobby.
From what I can tell the gas lobby is counting state royalties as “tax” and the media would like to pretend that the royalties don’t exist. But again, I think a real journalist should do their job and actually check and highlight that.
I don’t think it’s unreasonable to count state royalties towards the money that it brings in for the taxpayer. It’s literally a logical fallacy to just dismiss it as a gas lobby talking point.
Anyone that looks into this for more than a couple minutes knows that the 25% figure is not realistic and the gas companies don’t even make that in profit. Their goal isn’t to get us money for gas, their goal is to attack the government and get people mad. If they were serious about it then they would be talking about PRRT reform.
It’s all starting to slip through his fingers now. He don’t got this.