Govt’s PRRT is a joke. Gas giants get a 7 year royalty free period AND then they can still double dip & offset their full expenses (not depreciated) resulting in a royalty rate of 4%. It will collect less revenue than beer or spirits at a time of gas super profits! #auspol #PRRT twitter.com/lockthegate/st…
Govt’s PRRT is a joke. Gas giants get a 7 year royalty free period AND then they can still double dip & offset their full expenses (not depreciated) resulting in a royalty rate of 4%. It will collect less revenue than beer or spirits at a time of gas super profits! #auspol #PRRT https://t.co/JoFFnlVkm4
— 🌏 Zali Steggall MP (@zalisteggall) May 26, 2023