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The Guardian - AU
The Guardian - AU
National
Dan Jervis-Bardy, Josh Butler, Krishani Dhanji and Lisa Cox

Anthony Albanese rules out gas export tax on existing contracts and criticises ‘populist’ campaign

Anthony Albanese Australia David Pocock Ed Husic Konrad Benjamin Minns New South Wales Greens Labor
Prime minister Anthony Albanese
The prime minister, Anthony Albanese, confirmed that next month’s federal budget will not include a new tax on existing gas export contracts. Photograph: Mick Tsikas/AAP

Anthony Albanese has confirmed next month’s federal budget will not include a new tax on existing gas export contracts as he criticised the “populist” campaign calling for a levy on producers.

As reported last week, the prime minister was poised to reject pressure to introduce a 25% tax on gas exports amid concerns the intervention could alienate the Asian trading partners Australia is relying on for supplies of diesel and petrol.

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