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ABC News

Business

political reporter Tom Lowrey

The gas industry is being hit with jacked-up taxes. What's changing?

Coalition Oil Rod Sims APPEA Federal Budget Greens

The federal government is set to tweak the Petroleum Resource Rent Tax in Tuesday's budget. (file photo: Reuters)

It has been a good couple of years for Australia's gas exporters.

The export price of gas jumped from about $2 a gigajoule in 2020, to a peak of $66 a gigajoule in mid-2022.

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Top stories on inkl right now

Jalapeño Salmonella Outbreak Ends at 488 Illnesses in 34 States with FDA Unable to Find the Contamination Route

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Ken Paxton is trailing in the Texas Senate race. Then a secret recording exposes who is actually running his campaign: ‘I don’t control the message’

"It’s all coming—you know—from D.C."

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Moment Arizona cops shove a college cheerleader to the ground to arrest her

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Obama to appear at Abdul El-Sayed rally in critical Michigan Senate race

Former president to visit 10 days before election day as victory for progressive challenger could tip Senate balance

The Guardian - US

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No arrests announced in shootings that killed 2, left dozens injured at Georgia block party

Authorities in southern Georgia are still seeking suspects in weekend shootings that killed two people and left dozens injured when a sprawling block party turned violent

The Independent UK

A celebratory remark after a soccer game deepens rift between Haiti and the Dominican Republic

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Top stories on inkl right now

Jalapeño Salmonella Outbreak Ends at 488 Illnesses in 34 States with FDA Unable to Find the Contamination Route

The jalapeño Salmonella outbreak is over after 488 illnesses in 34 states, but the FDA could not find how the imported peppers were contaminated.

Medical Daily

Ken Paxton is trailing in the Texas Senate race. Then a secret recording exposes who is actually running his campaign: ‘I don’t control the message’

"It’s all coming—you know—from D.C."

We Got This Covered

Moment Arizona cops shove a college cheerleader to the ground to arrest her

Eryn Bonner, a senior at Arizona State University, was left with bruises on her face, a photo shared by her lawyer showed

The Independent UK

Obama to appear at Abdul El-Sayed rally in critical Michigan Senate race

Former president to visit 10 days before election day as victory for progressive challenger could tip Senate balance

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

No arrests announced in shootings that killed 2, left dozens injured at Georgia block party

Authorities in southern Georgia are still seeking suspects in weekend shootings that killed two people and left dozens injured when a sprawling block party turned violent

The Independent UK

A celebratory remark after a soccer game deepens rift between Haiti and the Dominican Republic

The Independent UK

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