Aussie News :firstnations: · @aussienews
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Aussie News :firstnations: · @aussienews
78 followers · 2451 posts · Server tictoc.social
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Aussie News :firstnations: · @aussienews
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@AlanBixter
For those that may not have read this:

"The global gas industry, on the other hand, gets bargain access to our publicly owned gas. Some offshore gas wells pay no royalties, no petroleum resource rent tax, and are owned by companies that pay no company tax. In 2021 some of the biggest gas companies in Australia paid just $30 in company tax. No, you didn’t read that wrong, not $30bn or $30m. Chevron paid a whopping $30, while Woodside Petroleum, Santos and two Shell energy entities paid $0. In this instance, Australia’s economy revolves around accounting tricks, not accountability."

theguardian.com/commentisfree/

#australianeconomy

Last updated 2 years ago

News in Australia · @newsaus
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