Australia Institute
These companies have never paid company tax, despite exporting the equivalent of 15 years of gas used by Australians in the eastern states.
These companies have also been exempted from the Petroleum Resource Rent Tax, the tax that is supposed to cover gas production in Australia.
“It is amazing that companies making $36 billion of income exporting Australian gas could pay no company tax, said Mark Ogge, Principle Adviser at the Australia institute.
“If you paid any tax in 2022-23, you paid more than all these gas corporations combined.
“Australians are missing out on schools, hospitals, housing and cost of living relief because foreign-owned gas exporters are taking us for a ride, and our governments are doing nothing about it.”
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