It’s a No-Brainer!
Gas companies in Australia made up to $40 billion in windfall profits in the last year due to the war in Ukraine, and global price spikes. There are growing calls for a windfall profits tax to claw back some of these war profits, to fund essential services in Australia.
This was recorded on Tuesday 18th October 2022 and things may have changed since recording.
The Australia Institute // @theausinstitute
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett
Guest:
Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI
Producer: Jennifer Macey // @jennifermacey
Edited by: Emily Perkins
Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Should Australia ban fossil fuel advertising?
A tobacco-style ban on fossil fuel advertising would be a decisive win for Australia – and the climate.
Stage 3 Better – Revenue Summit 2023
Presented to the Australia Institute’s Revenue Summit 2023, Greg Jericho’s address, “Stage 3 Better” outlines an exciting opportunity for the government to gain electoral ground and deliver better, fairer tax cuts for more Australians.
It is time to abolish the expensive Fuel Tax Credit that incentivises fossil fuel use.
The OECD has recently called for the end of Australia Fuel Tax Credits Scheme, which is growing in cost every year.