Senate debates
Tuesday, 23 June 2026
Questions without Notice
Gas Industry: Taxation
2:19 pm
Steph Hodgins-May (Victoria, Australian Greens) | Hansard source
My question is to the Minister representing the Prime Minister, Minister Wong. Minister, Australians are watching energy prices rise as the fallout of Donald Trump and Israel's war on Iran ripples through global gas markets. At the same time, multinational gas exporters are profiting from our resources that they pay little tax on. The Senate inquiry into the taxation of Australia's gas resources, which included Labor members, found that the case for a gas export tax should be revisited once the conflict in Iran is resolved. Just last week, your own press release welcomed this supposed peace deal, saying:
We are pleased the agreement between the US and Iran includes steps towards reopening the Strait of Hormuz …
Minister, will your Labor government now finally have the courage to take on the gas corporations and implement a minimum 25 per cent tax on gas exports?
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