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The New Daily

Michael Pascoe

Michael Pascoe: Hiding in plain sight, Labor commits to further big fossil fuel projects

Michael Pascoe PRRT Jim Chalmers APPEA ATO

The tweaking of the Petroleum Resources Rent Tax is ominous for our future, Michael Pascoe writes. Photo: Getty/TND

What the, er, hell? Is it possible that nobody else saw the big story in Jim Chalmers’ sweetheart deal with Big Carbon over the weekend?

The Treasurer fed the chooks ahead of the federal budget with his desired spin on a minor tweaking of the revenue-bleeding Petroleum Resources Rent Tax. The chooks dutifully swallowed it and laid government-friendly eggs.

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