Australia deserves a fair share of profits.

It’s time to end the 'free ride' for the gas industry

 
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The evidence is now in. Australia's petroleum tax is giving away resources to multinationals for free.

Shortly, Australia will overtake Qatar as the world’s biggest gas exporter. Qatar collects $26.6 billion in federal royalties from their gas exports every year – yet Australia’s Petroleum Resource Rent Tax (PRRT) will see no revenue from LNG for decades, if ever.

The case for reforming taxes covering oil and gas multinationals has never been clearer.

With the government handing down the budget in May, we have a window of opportunity to pressure both our local MPs, and the Treasurer Scott Morrison, to ensure that multinational corporations pay their fair share for our natural resources, and that Australia reaps the benefits from the coming gas boom.

Can you take A minute now and email your local MP and the Treasurer? 

Tell them to ensure that multinational corporations pay their fair share. Personalising your message will make it more effective. Tell them why this issue matters to you.

 
 
 
 

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