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Samantha McCulloch

Oil and gas pay their way on tax

There are no grounds to call for a windfall tax on the record-breaking petroleum industry. There are plenty of levies already.

The strength and value of Australia’s oil and gas industry is on display in record-breaking LNG export figures and growing economic benefits being delivered to the Australian public.

This is shown in our sector’s broad economic contribution to Australia – which was recently put at enabling almost $500 billion of activity annually.

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Samantha McCulloch is the chief executive of the Australian Energy Producers.

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    Original URL: https://www.afr.com/policy/economy/oil-and-gas-pay-their-way-on-tax-20221010-p5booq