Senate debates Bills

Treasury Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024; Second Reading


David Pocock

David Pocock ACT, Independent

1:08 pm

Yes. I seek leave to move the second reading amendment standing in my name on sheet 2706.

Leave granted.

I move:

At the end of the motion, add ", but the Senate:

(a) notes that recent changes to the Petroleum Resource Rent Tax were co-authored by the Government and the gas industry and do not represent a fair return for the sale of Australian gas; and

(b) calls on the Government to reform the Petroleum Resource Rent Tax to capture the true value of Australian gas sold to multinational companies and shipped overseas".

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