The PRRT, or Petroleum Resource Rent Tax, is a tax on profits of petroleum products, including crude oil and petroleum gas. But through accounting tricks and loopholes, gas corporations are avoiding paying their fair share of tax.
Research mentioned: https://australiainstitute.org.au/report/reforming-the-petroleum-resource-rent-tax/
This was recorded on Monday 19th April 2023 and things may have changed since recording.
The Australia Institute // @theausinstitute
Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett
Producer: Jennifer Macey // @jennifermacey
Edited by: Emily Perkins
Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions
Tanya Martin Office Manager
Jake Wishart Senior Media Adviser