Senate debates

Wednesday, 4 March 2026

Questions without Notice

Fossil Fuel Industry

2:20 pm

Photo of Larissa WatersLarissa Waters (Queensland, Australian Greens) Share this | Hansard source

Oil and gas companies profit from war, but they also profit from the elaborate con that is the petroleum resources rent tax. The PRRT is readily gamed by the gas industry, who are destroying the planet and profiteering off war and global unrest while the rest of us foot the bill for the damage. This government gives gas exporters more than half the gas they export royalty free. In the next five years, that's $170 billion. Why won't the government tax gas at 25 per cent or even higher?

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