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The Guardian - AU
The Guardian - AU
Business
Dan Jervis-Bardy and Krishani Dhanji

‘It’s fired people up’: support grows, including within Labor, for new gas tax to curb wartime profits

Labor David Pocock Anthony Albanese Samantha McCulloch Australia Susan McDonald AEP Guardian Australia the Australia Institute
An oil and gas platform at dusk
The gas industry says a new tax would damage relations with Australia’s Asian trading partners. Photograph: Design Pics/Alamy

The gas industry is mobilising in opposition to a potential new tax on the sector as political momentum builds – including among Labor MPs – for the government to use the May budget to prevent producers profiting from the Middle East war.

The Australian Energy Producers (AEP) chief executive, Samantha McCulloch, claimed a new tax would punish the same Asian trading partners Australia was leaning on to supply more fuel amid the global energy crisis.

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