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AAP
AAP
Politics
Finbar O'Mallon

Gas boom could see tax take triple

David Pocock Ukraine APPEA
Australia's gas sector is expected to pay nearly $14 billion in tax and other levies. (PR HANDOUT IMAGE PHOTO) (AAP)

Taxes and royalties on Australian gas exports are expected to nearly triple amid booming prices brought on by the war in Ukraine.

The fossil fuel industry lobby, the Australian Petroleum Production and Exploration Association (APPEA), estimates the gas sector will pay nearly $14 billion to state and federal governments in the 2022-23 financial year.

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