Albanese Government Shelves Gas Export Tax Amid Energy Security Fears

53 articles · Updated · The New York Times · Apr 23

The Albanese government is set to reject proposals for a 25% windfall tax on gas exports in the upcoming federal budget.
This follows intense public campaigns and parliamentary inquiries, but concerns over energy security and key trading partners have swayed the decision.
Supporters argue higher taxes could ease cost-of-living pressures, while industry and government fear jeopardising investment and fuel supplies amid global instability.

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