Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

As I said, there was $48.5 billion in company tax in 2023-24. The four companies that paid the most company tax in Australia in 2023-24 were resources companies. Seven of the 10 top corporate taxpayers were from the resources sector. Labor's focus when it comes to tax has included changing the petroleum resource rent tax so that companies pay tax sooner. But our approach on gas is that gas is going to be absolutely central for Australian industry. That's why I think everybody who is engaged in the gas market at the moment, whether it's industry or onshore manufacturing, wants to see change in the gas market settings, and that's the process that this government has embarked upon. (Time expired)