Senate debates
Tuesday, 23 June 2026
Questions without Notice
Gas Industry: Taxation
2:23 pm
Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) | Hansard source
The domestic gas reservation scheme is a very substantial reform. I have to be honest: it has not been universally supported by the gas sector. You've seen that various conservative parties—I think including One Nation, but I could be wrong, but certainly parts of the coalition—have not been supportive of it. It is a very substantial change to Australia's economic position—as I said, not universally supported by every company in the gas sector. So, again, the premise of your question is wrong. We make judgements about what we believe is the best thing for Australian workers, for Australian businesses and for Australian households, and our judgement is that those interests are best served by the creation of a domestic reservation system for Australian gas so that we can get a fair share of that gas here in Australia.
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