NO ROYALTIES PAID: Shell, Woodside, Chevron, Santos, Inpex.
They take our natural resources and don’t pay tax.
Enough already.
It’s time politicians ignored their lobbyists and acted in the national interest.
Two days out from budget is the perfect time to remind ourselves:
Norway's Ministry of Finance forecasts that government revenue from Norway's 78% tax on oil and gas export profits will be $A116 billion or $A85,800 for every Norwegian family of four in 2024 alone.
#insiders
Norway’s $A2 trillion fund built from taxing oil & gas export profits at 78% since the 1990s is now worth $1.5 million per Norwegian family of four.
Meanwhile in Australia fossil backed governments have reduced the public’s share of our national resources to virtually nothing.
The fossil car lobbyists responsible for weakening Australia's vehicle efficiency standard can sleep well tonight knowing that thanks to their actions millions of Australian children will be inhaling more toxic diesel pollution into their lungs.
Hope they enjoy their bonuses.
Resistance to Australian New Vehicle Efficiency Standard is basically coming from Japanese incumbents (via FCAI) who are unable to make EVs.
Australians are exposed to higher levels of air pollution because incumbent Japanese polluters can’t compete and want to protect their market share.
Need funding for education?
The Norwegian Ministry of Finance estimates government revenue from Norway's 78% tax on oil and gas export profits will be $A121B or $A89,000 for every family of four in 2024 alone.
#insiders
Norway breaks new vehicle efficiency record in January dropping to just 9 grams of CO2 per km.
18 times more efficient than passenger vehicles sold in Australia.
https://t.co/2hOvbHONmZ
Yes, the government collects more money from HECS than it does from the petroleum resource rent tax.
We should tax things we want less of & subsidise things we want more of not the other way round
@GrogsGamut@JackLThrower#OffTheCharts
https://t.co/TUOj9tt1aP