Australian Politics in Turmoil: Labor Set to Reject Gas Export Tax Amid Global Oil Crisis In a move that has sparked fierce debate, the Australian government appears to be backing down on a proposed 25% tax on gas exports, a decision that has drawn criticism from Labor Senator David Pocock. The government's decision not to pursue the tax in the upcoming budget comes as the global oil crisis intensifies, with Prime Minister Anthony Albanese seeking to shore up fuel supplies from Asian allies. Pocock has accused the government of "caving in" to the gas industry, suggesting that they are prioritizing the interests of big business over the needs of the Australian people. As the budget looms next month, the decision to reject the gas export tax has significant implications for the country's energy policy and the government's relationship with the gas industry.
David Pocock says prime minister – who is trying to shore up fuel supplies – is parroting industry talking pointsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLabor is poised to reject a growing push for a new 25% tax on gas exports in next month’s budget, prompting David Pocock to accuse the government of “caving in” to the gas industry.It’s understood the government has elected not to pursue a new tax on gas exports in the budget, prompted in part by the global oil crisis and Anthony Albanese’s diplomatic efforts in shoring up fuel supply from Asian allies by pledging reliable access to liquefied natural gas. Continue reading...
