Australian oil and gas industry’s tax payments set to triple

📆 21/04/2023 2:22 PM
📰 SkyNewsAust

⏱ Reading Time:
5 sec. here
2 min. at publisher
📊 Quality Score:
News: 5%
Publisher: 78%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The Australian oil and gas industry is expected to triple its tax payments to the government from the last financial year, with companies projected to pay $6 billion in windfall taxes, excise, and royalties.

The surge in government contributions is largely due to a rise in income tax

resulting from record liquefied natural gas exports and higher commodity prices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Australia Australia Latest News, Australia Australia Headlines