Greens accuse Labor of ‘sweetheart deal for Woodside’ in petroleum resource rent tax changes

1 year ago 46

Gas company has argued ‘we pay our way’, noting that it contributes billions in tax and royalties

The Greens have accused the government of carving out a “sweetheart deal” for Woodside in proposed changes to the petroleum resource rent tax, with several exemptions to the reforms only applying to the energy giant’s North West Shelf gas project.

But Woodside has argued “we pay our way”, noting billions in tax and royalties. The Greens’ continuing concern may increase the likelihood of a deal between the Labor government and Coalition opposition to pass the reforms, called for by the gas industry itself.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...
Read Entire Article