The Australia Institute (TAI) urges all to ‘End the gas industry’s free ride’ as:
Around 80% of Australia’s gas is exported overseas. Our research shows the gas corporations have paid ZERO royalties on over half (56%) of all gas exports
In fact, the government collects more revenue from HECS than it does from the Petroleum Resource Rent Tax.
Link at:
If you can chip in for TAIs further research into this industry, follow the link.
