What Australia's new gas tax will mean for new projects, the economy and the climate

  • Written by: Samantha Hepburn, Professor, Deakin Law School, Deakin University
What Australia's new gas tax will mean for new projects, the economy and the climateAP/Koji Sasahara

Treasurer Jim Chalmers has announced higher taxes on gas industry profits, which he says will give Australians a “fairer return” on their natural resources.

On Sunday Chalmers flagged changes to the petroleum resource rent tax (PRRT) – a tax on the profits from oil and gas exports – that he says will mean...

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