It’s not the govt’s intention to impose a windfall tax on gas companies: Chalmers

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Treasurer Jim Chalmers says it’s not the government’s intention to impose a windfall tax on gas companies.

“We listen respectfully to the proposals that are put to us, but we are not currently working up

a windfall tax or anything that looks like that,” Mr Chalmers said during Question Time on Monday.

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:

 /  🏆 7. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

A 5 percent turnover tax would probably be a better option for all.

So not denying it?

The Government should have the balls to step in and make it illegal to sell essential goods overseas at the detriment of the Australian public. Gas supplies are adequate for domestic use and by selling it overseas is putting domestic supply at risk.

Why not? They are making money from Australian goods. Profits should be shared with everyday Australians. Make sense to me.

Australians have elected clones, Albo Morrison and Jim Frydenberg who are continuing LNP policies. Australians we have been had. abcnews newscomauHQ

Hey at least he didn’t lie about it. To the point

It’s not really a windfall. They are selling a product at market rates. It’s a global price. Yes their profits are up, that’s to be expected, but the claim they are profiteering is nonsense. They are charging the going rate.

I'd be happy with legislation guaranteeing a minimum percentage of production is reserved for domestic use. auspoI

South Africa South Africa Latest News, South Africa South Africa Headlines

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

‘Practical not political’: Industry Minister says gas still has ‘role’ to playNatural gas, a fossil fuel CHO3 generating CO2 is easily converted to Hydrogen the best clean fuel we have. The fossil fuel industry contributes so much to every aspect of our lives that without it society as we know it will take a big step backwards.
Source: SkyNewsAust - 🏆 7. / 78 Read more »