Senator McKim has submitted a proposal, under standing order 75, today. It has been circulated and is shown on the Dynamic Red:

That, in the opinion of the Senate, the following is a matter of urgency:

The need for the Labor Government to make resource corporations pay their fair share, raising an estimated $45 billion a year in additional public revenue to deliver cost-of-living relief, fund essential services and accelerate the transition away from fossil fuels.

Is consideration of the proposal supported?

More than the number of senators required by the standing orders having risen in their places—

With the concurrence of the Senate, the clerks will set the clock in line with the informal arrangements made by the whips.

I move:

That, in the opinion of the Senate, the following is a matter of urgency:

The need for the Labor Government to make resource corporations pay their fair share, raising an estimated $45 billion a year in additional public revenue to deliver cost-of-living relief, fund essential services and accelerate the transition away from fossil fuels.

Well, here we go again: another day in this chamber, another day of this Labor government refusing to stare down the big resources industry, with the billions of dollars that they are making—refusing to tax them properly. Just now we have seen them want to go after pensioners, instead of properly taxing our resources in this country. They would rather rip away more than a billion dollars from the pockets of pensioners than look to the coal and gas industries who have been lining their pockets off the back of Australia's resources for far too long. And you know what? We are getting so tired of it. Australians are exhausted, and they have been saying until they're blue in the face: 'There's money out there. These resources are finite. Pay what you bloody owe.'

Today we launched a report with Prosper Australia which indicated that there is an extra $45 billion out there that this government could be collecting in tax revenue from those big coal and gas corporations—$45 billion. Yet this Labor government wants to go after pensioners. You can't make this stuff up. Just imagine what $45 billion could do towards making people's lives better, in the middle of a cost-of-living crisis. Imagine what that money could do for our public schools, for our public hospitals, for our public housing, for making childcare free for every kid across this country. Heck—let's make education free from early childhood right through to TAFE and uni! This is the sort of money we are talking about.

And this is the political choice that this Labor government is making: instead of working with the Greens to tax our resources, to tax coal and gas and make them pay what they owe, they're choosing to continue to line their pockets, to the tune of $45 billion. Who does this government represent? Your job in this place is to represent the people who elected you, not just those who donate to you. Talk about a raw deal for Australians! Some of the richest corporations in the world are making billions off our resources, yet Labor reckons making them pay their fair share is just a bit too tricky.

There was an interjection from Labor when we said, 'Why don't you go after the gas corporations instead of pensioners?' They said, 'Well, this is why you'll never be in government.' And I say, 'Bollocks to that.' A majority of Australians want us to tax our resources properly. They recognise our resources are finite, and they recognise that they are getting a dud deal. Instead of that wealth flowing into the coffers of big coal and gas corporations, it could be paying to make people's lives better. And people know that. They are so frustrated that this place isn't doing its job. Ordinary Australians pay their tax. Teachers pay their tax. Nurses pay their tax. Retail workers pay their tax. Why should they have to pay tax when massive corporations do not have to pay? Where is the justice in that?

We hear these scare campaigns about scaring off investment. We've heard those talking points before. But we know the resources exist here. There is a royalty scheme in Queensland. Why don't we have that in the rest of the country? Why aren't we taxing those gas and coal producers and exporters? Why aren't we doing that? As I say, this is a political choice. Labor has a decision to make. Will it continue to capitulate to big coal and gas, or will it genuinely get a fair deal for Australians who are making impossible choices every time they go to buy groceries and, every time they go to pay their medical bill? It's a political choice. Have some political courage, and do what's right for the Australian people.

This is another appalling day for Australia, when we have socialists running trying to run an agenda. The absolute rubbish that was just spoken is frightening, because on so many counts we are hearing mistruths or outright lies about what is happening in Australia's tax centres. There are some claims that we don't have royalties on gas or that we don't tax gas companies and coal companies. What I would really like the Greens political party and other independents to do is stand up and tell us where the funding comes from to run these outrageous give-us-our-fair-share campaigns. They come from people who want to end the coal and gas industries in Australia. Why can't they be honest about that? This is not about a tax campaign. This is about ending fossil fuels in Australia. And when they're honest about that and tell every Australian who's employed by gas and coal companies and every Australian who benefits from the $65 billion that comes in from coal, gas and other mining companies, and when they are honest with Australians about what their real agenda is, then we'll have a proper discussion.

But every time you hear them say, 'We want our fair share,' know that this is an agenda run by people who want to see Australians poorer. This is an agenda run by people who want to see the end of energy security for this country and for many of our trading partners. This is an agenda that is dangerous. And when we have the conversation about whether or not this money is coming from offshore activists—or, worse, state owned actors who are against Australia's best interests—when we have an honest conversation about who is paying the EDO's fines in the Tipakalippa case and when we have an honest conversation about who's funding the Australia Institute, and IEEFA and the campaigns that get behind Punter's Politics, then we can talk about what tax policy should be in this country.

But this is a dangerous campaign. It is about ending fossil fuels in this country, and it will see Australia left with the lights off and with no tax income at all, because it is these industries that pay the bills in this country. It is these industries that ensure that we have a wonderful medical health system. It is these industries that ensure that we have the Pharmaceutical Benefits Scheme and great infrastructure, health services and education services. Be clear: without that, there is no replacement. We are not going to be funding Australia's first-class medical services with the NDIS or with the caring economy. We are not going to be funding it with students from overseas. We are not going to be funding our first-world economy without fossil fuels and the resources sector more broadly.

I am sick of this campaign, and I'm sick of Australians being lied to. Instead, what the Greens political party will do is stand up and tell you how they've spent the money before they've done one thing to support mining and resources in Australia, to support every Australian who earns double the national average salary or to support all the environmentalists who work on gas, oil, coal and other mining projects, who are mapping Australia's biodiversity, fauna and flora. They will do nothing for all of those people apart from see them go out of work and see no development in this country at all. I am sick of the lies. I'm sick of the lack of real-world reality. As a country, as a government, as parties of opposition, we should stand together and say we will not put up with this rubbish anymore because it will see Australia worse off. It will leave every person who believes in Australia worse off. And I'm sick of the lies about where the money actually comes from that funds these campaigns. Where does the money come from? The EDO wouldn't tell us. They took a $9 million donation that they didn't disclose, in order not to tell us.

I also rise to contribute to this debate. The Albanese Labor government agree that Australians deserve a fair return for the natural resources they own, and that is exactly why today we are introducing legislation to implement a domestic gas reservation scheme. This legislation is significant. It will require gas exporters to supply a proportion of their total production to the Australian market, ensuring that Australians have the affordable gas that they need. From July next year, gas exporters will be required to supply the Australian market with the equivalent of up to 20 per cent of their annual exports.

The domestic gas reservation scheme is a key part of our government's plan to build Australia's energy sovereignty, alongside growing our fuel reserves and supporting more fuels made in Australia to stay in Australia. It's about using Australia's resources to power Australian jobs, manufacturing and our long-term economic security. It is about a future made in Australia. It's also about protecting Australian households from global price shocks and the cost-of-living pressures that are caused by external events that are beyond our control.

As a government we know Australians are doing it tough. We know that, and, since we came to government, we have strived to do everything we can to ease cost-of-living pressures and to support Australians. The reality is we are experiencing a once-in-a-generation global fuel shock, driven by the ongoing conflict in the Middle East. We know that this global fuel shock is having widespread effects across the Australian community. It's putting more pressure on households and it's putting more pressure on our essential industries. That's why we are determined to deliver cost-of-living relief, and we're doing that through tax cuts for workers, we're doing it by ensuring multinationals pay their fair share of tax and we're doing it by backing in higher wages for workers in our essential services.

These wage increases are making a difference. We've backed increases to minimum award wages and funded pay rises for our aged-care workers and early childhood education and care workers. I know this is having a massive impact on those workers, who have for too long been underpaid and undervalued for the critical work that they do in our economy and who are doing it tough—who are struggling with the cost of living. We are recognising the importance of their work and we're backing in higher wages.

Just yesterday we announced a $630 million investment to support fairer pay for more than 460,000 health, disability and community service workers. This investment is the culmination of years of work and follows the Fair Work Commission's finding that work done by women has been undervalued for too long. Our government recognised this by putting gender equality at the heart of the Fair Work Act and by backing fairer pay for workers in women dominated industries, who keep our essential services running and our communities healthy and supported. We all know that health, disability and community service workers provide essential care and support to Australians at every stage of life, and they deserve fair pay that reflects their skills, expertise and the vital contribution they make to our communities.

These are the sorts of policies that a Labor government backs in. This is what we do. This is about delivery. This is about meaningful action on the cost of living, which is having a real and tangible impact on people's lives. There are people in my community who are doing it tough because of the cost of living and who do those jobs because they love those jobs and they care about the people they look after but who have been historically underpaid and undervalued. That's a policy choice too. We are rectifying that and we are making a difference on that right now.

We're also investing in fairer pay for workers across the board. We're doing what we can to back in pay rises for our minimum paid workers, backing in changes to the award system. We're also addressing cost-of-living pressures through our tax system, giving first home buyers a fair go and better aligning the treatment of work with income earned in other ways. Our reforms are about building a better, fairer and simpler tax system by reducing the tax burden for over 13 million workers and about supporting 75,000 more Australians into the housing market. That's, of course, on top of our substantial reforms to date, including three rounds of tax cuts for every taxpayer and making super fairer from top to bottom.

Of course, the cost of living is top of mind for so many Australians at the moment. We understand that and we see that and we don't diminish that or seek to walk away from it. In fact, it's the opposite. We're doing what we can to lift wages to provide that cost-of-living support. The legislation, like we have on the floor of the parliament today, is about making a difference there too—real, tangible delivery for Australians who need. (Time expired)

I thank Senator McKim for this motion. The first thought I had after reading this motion was simply 'how much is enough?' The resource industry, mining, oil and gas paid $45 billion last year in company tax and royalties in Australia. Over the last five years, they've contributed $335 billion in tax. If the Greens want even more, there is a simple way to achieve that: more mines, more gas wells, more utilisation of Australia's immense natural resources to bring in taxation and to create the wealth and opportunity for all who are here, especially in rural and remote areas where the workforce has a large Aboriginal component.

My office met this afternoon with Tamboran, who operate a new gas well in the Northern Territory, and included hearing about their successful Aboriginal employment program. Tamboran are giving Aboriginals breadwinner jobs, training and a future independent of government handouts, empowering Aboriginal workers to break free of welfare dependency. I can see why the Greens don't like it. Who knows? Once Aboriginals own their own homes, are married with families and enjoying the benefits of resource job brings, they may vote One Nation.

Resources already provide returns into their superannuation funds of everyday Australians, as well as extra royalty into government coffers, to pay for the free stuff that government offers. The Beetaloo project has already attracted inquiries from data centres looking for a location connected to the national internet backbone, which is the Northern Territory. Data centres could start planning today, knowing the gas for power and the water for cooling are available. This is One Nation's solution: more resource utilisation for the benefit of all Australians while, of course, ensuring the protection of our natural environment—the natural environment, not the sky god of warming as Labor, Greens, teals and globalist Liberals still believe. The green solution is to tax the resource industry while shutting down the resource industry. This is insane. Yes, I know it doesn't make any sense to me.

Published Greens party policy is no new coal, no new gas and no extensions to coal or gas leases. High taxes will force resource projects out of business and, importantly to the Greens, prevent new developments. Massive job losses will result from this Greens party policy. Huge communities will be cast into poverty, heat and isolation because wind and solar are a useless way to drive air conditioners, transport and industry. Government revenue to pay for all the free stuff goes, and superannuation returns fall, and the Greens celebrated the refusal of a $1.3 billion extension to the McPhillamys goldmine in New South Wales. The reason Minister Plibersek gave for the refusal was the section 10 Aboriginal protection order, as the site hosted a mythical blue-banded bee important to Aboriginal culture, apparently.

Today, the Federal Court officially overturned the mining ban. Justice James Stellios ruled that Minister Plibersek's protection order was legally invalid due to a procedural failure and a lack of procedural fairness. The company that owns the mine paid $900 million in taxes last year on other projects. The taxes on this mine will be in the hundreds of millions of dollars. Who knows, there may be enough to cover the operating losses of one of Senator McKim's Greens supermarkets.

This motion shows the stark contrast between the Greens and One Nation. The Greens will use high taxes to force resource companies out of business in the name of social justice virtue signalling while One Nation will encourage environmentally sound resource extraction in the name of providing abundance for everyday Australians for many, many, many years to come. Voters of Australia, the choice is yours.

There is a question we have to ask ourselves: who doesn't want us to have nice things? Loser politicians who let polluting companies dodge their fair share of tax, that's who. Make them pay their fair share of tax, and we'd have an extra $45 billion a year.

When I get really mad at these losers, I think about the nice things we could have with $45 billion a year. To start, we could get Doctor Who back on iview. And, while we're at it, let's have cricket back on free to air. Meanwhile, we can get high-speed rail sorted to make sure no Knights fan gets stuck on a trackwork bus. Then let's make 50 cent public transport national and get your bus running on time. The fun doesn't stop here. We could have public supermarkets that sell essentials you can afford; child care that's free, safe and great for all families and workers; fee-free uni and TAFE to set you up in life; a government owned developer to build quality, affordable homes; free public health care that actually works; and funding to shut down greyhound and horse racing and to give retired animals the comfy homes that they deserve. Don't listen to politicians who are addicted to the corporate donations that fund their campaigns and their cushy post-politics jobs. We can have nice things, and we are going to tax big polluting corporations to get them.

I thank Senator Hodgins-May and the Greens for bringing this important motion to the Senate, a motion that deserves support across the chamber. The motion builds on the work done by the Prosper Australia Research Institute with the blunt title Australia's Resource Wealth Giveaway.

I don't think it's a radical idea that our resources belong to the Australian people and that, when they are extracted, the Australian people should see a return. We should be thinking about the long term and actually setting ourselves up for the future rather than squandering that opportunity to extract value from a finite resource. Once we export gas to Japan, that gas has gone, and we never have the opportunity to extract value from it again. Yet we're in a situation where over half of the gas that is exported from this country is totally royalty free.

We've got a government that made some tweaks to the petroleum resource rent tax and tried to sell that as a massive win when we know—the gas companies know and everyone knows—that the PRRT is a total joke when it comes to gas. It was designed for oil and actually got us a decent return from Bass Strait. But when it comes to gas, it does not work.

I hear all the time from Australians concerned that our parliament is not thinking long term, not having the guts to stand up to vested interests and not having the guts to stand up to the companies that so many people in this place then go and lobby for or work for. Just look at the list of resources ministers. Look at where they go and work after their time regulating the gas industry and regulating the coal industry. They're straight in there on a very cushy salary, I'm sure. And that doesn't cut it. That erodes trust in this place.

Look at what the government has now done with the gas reservation policy, which I think almost all Australians think is a very good idea. We should absolutely be reserving Australian gas for Australians, first and foremost. It is ridiculous that in Australia we have constant talk of a gas shortage. We don't have a gas supply problem in this country; we've got a gas export problem. So I welcome a reservation policy from the government. It seems to be designed in such a way that the minister simply has the opportunity to engage with all of these gas companies, and it's her decision as to how much they have to reserve. What kind of a policy is that? Why would you want that as a minister—being lobbied non-stop by Santos, Woodside and INPEX, all of these companies, rather than just having a very clear policy that delivers for Australians? I guess you would want it if you hoped to then end up in that industry. If we look at history, which I think is a pretty good predictor of the future, and if we look at our current resources minister and where they'll potentially end up, then it's a great policy!

I hear so much frustration—not just frustration but anger—from Australians at the lack of action and the lack of courage from this parliament, from both sides of politics, to actually just get a fair return from our resources. That should not be a radical idea. You have a crossbench that is urging you to do that, to stand up to these companies, and say, 'It's time you paid us as a country.'

Fossil fuel companies should pay their fair share of tax to transition away from fossil fuels. This is so important when it comes to decommissioning offshore oil and gas rigs. What is going on is that onshore mining companies are required to pay a bond to ensure that they clean up after themselves once they've finished extracting on land. Renters have to pay the landlord a bond to ensure they can clean up after themselves when they move out of their home. But, with offshore oil and gas, the companies are not required to pay a bond to clean up after themselves. There is currently 600 kilotons of offshore oil and gas infrastructure in our oceans. That will cost $60 billion to clean up. Who's going to foot the bill?

Let me give you an example. In July this year, a company decided that it didn't have the money to clean up after itself after it had finished extracting from our oceans. So it decided to go insolvent. And then this Labor government just moved a legislative instrument requiring money that originates from taxpayers to clean up this abandoned offshore rig. These offshore rigs, which sit there doing nothing, are polluting our oceans. They are emitting poisons into our oceans which are impacting our marine wildlife. This is an urgent matter. The taxpayers in this country should not be here paying for the clean-up for mega-rich fossil fuel companies of the mess that they are leaving in our oceans. I support this urgency motion. This parliament should make sure that the mega-rich fossil fuel corporations are paying their way to transition away from fossil fuels and cleaning up after themselves.

The question is that the motion as moved by Senator Hodgins-May be agreed to.

With the will of the chamber, we will proceed to the next urgency motion, standing in the name of Senator McGrath, and do one speaker, and then it will be 5 pm. The Senate will now consider the proposal, under standing order 75, from Senator McGrath, which has also been circulated and is shown on the Dynamic Red:

That, in the opinion of the Senate, the following is a matter of urgency:

The Albanese Labor Government's proposed 30 per cent trust tax, which threatens to slug small and family businesses, farmers and hardworking Australians with up to $13.3 billion in restructuring costs, punishing the very people who take risks, create jobs and drive our economy, while Labor continues to pile more taxes, costs and uncertainty onto Australian businesses.

Is consideration of the proposal supported?

More than the number of senators required by the standing orders having risen in their places—

With the concurrence of the Senate, the clerks will set the clock in line with the informal arrangements made by the whips.

I move:

That, in the opinion of the Senate, the following is a matter of urgency:

The Albanese Labor Government's proposed 30 per cent trust tax, which threatens to slug small and family businesses, farmers and hardworking Australians with up to $13.3 billion in restructuring costs, punishing the very people who take risks, create jobs and drive our economy, while Labor continues to pile more taxes, costs and uncertainty onto Australian businesses.

I'm going to read out the motion so everybody knows what we're talking about here and why it is important. It is:

The Albanese Labor Government's proposed 30 per cent trust tax, which threatens to slug small and family businesses, farmers and hardworking Australians with up to $13.3 billion in restructuring costs, punishing the very people who take risks, create jobs and drive our economy, while Labor continues to pile more taxes, costs and uncertainty onto Australian businesses.

What we have seen with this Labor government since the budget has been a war declared upon business, but not just any type of business—a war on small businesses, the men and women who make sure that Australia grows the food that we eat. It is also an attack on the small businesses that we see on the main streets, in the suburbs and on the highways and other roads that bind this country together. And what do we hear from the Labor Party? We hear nothing. We hear the political equivalent of a 'nyeah': 'Oh, only a small number of people have trusts. It doesn't really matter. Farmers aren't workers. People who run small businesses aren't workers.'

What we've seen here is another version of Labor's class warfare, because they do not understand business. They do not understand small business, because when you look at them—and I'd encourage people to not look at them, because you won't sleep for a month of Mondays—you see that they are all union officials. They're all union barons. They've all got the nice soft hands because they've never done a day's manual labour in their lives. They go around working sites. They put on their nice shiny hats with the CFMEU or AWU stickers on them. They turn up and they pretend that they're the workers' friends. They're not the workers' friends, and they're not the friends of small business or of Australia.

They don't understand how Australia operates, because they see Australia through a bubble—a bubble of their own union stranglehold on intellectual thought, which is a drought within the modern Labor Party. They don't realise that tax money comes from people who have worked hard. It is not the Labor Party's money. It's not the government's money. It is money that belongs to the taxpayers of Australia, and what the Labor Party want to do with the taxpayers' money is continue with all their boondoggles. You wonder why we've got $1 trillion worth of debt? Well, just look at the Labor Party. I'm one of those people who grew up under Bob Hawke and Paul Keating. Remember Paul Keating with his $96 billion worth of debt that Mr Howard and Mr Costello paid off? There was money in the bank when, sadly, we lost the 2007 election. What are the Labor Party going to give to Australians, apart from a bunch of tax rises? They're going to give a trillion dollars worth of debt. This is the modern Labor Party, the so-called workers' friend. They're not a friend of the workers and they're not a friend of small business, because fundamentally they just don't understand small business.

If you ask the Labor Party, 'Where does your food come from?' they say, 'Oh, the fridge.' They don't understand that it actually comes from the farmers who get up before dawn and go to sleep late at night. This is where your food comes from. We are a country that grows three times the amount of food that we need. We export the food, but to this mob they just see farmers as a big fat dairy cow that they can milk like this to get the tax out of them, to fund their projects and all their boondoggles and things like that. And good luck to Hansard with putting 'this' in! Just say that the senator gestured like he was milking a cow!

And then there come the small businesses.

Senator McGrath, please sit down. Senator Ayres?

Can you get him to do it again?

Senator McGrath, I'm very sorry to interrupt you.

That was an irrelevant point of order, and that's what we expect from this Labor Party: they are irrelevant when it comes to the country. They can't run the country properly and they can't do points of order properly either.

I want to go back to this urgency motion before someone gets me on relevance. It's going to cost small businesses across this country $13.3 billion in terms of restructuring because of the decisions made by you, because you don't understand how businesses operate, and it's a shame upon you. If we did not have businesses, they could not employ people. If people don't have jobs, it means they do not believe and do not join in the Australian dream, and that's what we want Australians to do, because the Australian dream is all about people like Senator Jonno Duniam, who is living the Australian dream. He's leaving this chamber, he's going out into the big wide world and we are going to miss him. We're going to miss his eloquence. We're going to miss everything about him. I encourage people to support this urgency motion.

Debate interrupted.