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AAP
AAP
Politics
Poppy Johnston

Calls mount for gas windfall profits tax

A short-term tax would be better than less-flexible options such as price caps, Kate Chaney said. (Mick Tsikas/AAP PHOTOS) (AAP)

The government is under pressure to consider a temporary windfall tax on super profits made by coal and gas companies as the energy crisis intensifies.

Teal independent Kate Chaney said there was a good case for a short-term super profits tax on gas exports given the war in Ukraine was largely responsible for pushing up commodity prices and inflating company profits.

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