Pressure is growing inside Labor to properly tax gas exports. Here’s what a 25% tax could pay for

‘Anthony Albanese’s lines have wrung so hollow that ALP members are clearly unimpressed and are pushing for a commitment to properly tax gas,’ Greg Jericho writes. Photograph: Dan Himbrechts/AAP

On Thursday at its national conference, the ALP will vote to change its platform to include a pledge to deliver a fair return on Australia’s natural resources.

The proposal is that the platform includes the lines: “Labor will ensure that the Australian people receive a fairer return from their natural resources including through appropriate taxation arrangements, while securing Australia’s role as a reliable international energy supplier and investment partner.”