WA warns Albanese over potential gas market intervention

Western Australia’s Labor government has fired a warning shot at the Albanese government over potential plans toEven though several key government decision-makers will be overseas next week including the prime minister, energy minister and resources minister, speculation continues that a sub-cabinet group is working on a series of options. They include price caps and what some have dubbed a kind of “Russian-invasion profit levy”.

Prime Minister Anthony Albanese, speaking just before departing for 10 days of meetings across Asia, said the government would “land on a solution going forward prior to Christmas”, even as he continued to insist that “all sensible measures remain on the table”., telling the ABC’s Sabra Lane that “our preference is not that”.

Greens leader Adam Bandt claimed credit on Friday for pushing Labor towards imposing a tax on coal and gas companies.Mr Bandt said he wrote to Mr Albanese this week and urged the government to adopt a Greens plan that the Parliamentary Budget Office estimates would raise an extra $25 billion in revenue. That money “could be used to help households and businesses get off gas”.

Just saying

WA - not connected to east coast gas pipelines. Who already have reservation, don’t need to be levied for what is essentially Santos, Origin and AGL problem.

McGowan and Palazschuk must share royalty State 5% then super profit 10%

Albomoronic

Australian resources belong to all Australians, states should not be taxing in ground resources. It must be a federal tax shared to all states and territories. AlboMP SenKatyG JEChalmers SkyNewsAust abcnews

“These greedy coal and gas giants are the vampires of the 21st century, sucking the life out of our economy while killing the planet and its people,” Mr Bandt said. Without gas, oil and coal, we'd all be dead.

Elbow will back off as he is spineless

Those resources belong to all Australians.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PM Anthony Albanese confirms he is a Medibank customer, backs company refusal to pay ransomAnthony Albanese has backed Medibank's decision to not pay hackers a ransom, as the criminals begin posting stolen data to the dark web. The PM has confirmed he is one of the 9.7 million customers caught up in the data breach. 9News MORE: if he wasnt .... he probably is now as he literally told them he's a client of the company. Scott Morrison would have hit back at the scammers. AlboMP is being too soft. ScottMorrisonMP
Source: 9NewsSyd - 🏆 23. / 51 Read more »