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AAP

Business

Poppy Johnston

Industry minister not buying gas industry's tax defence

Ed Husic Samantha McCulloch Oil Australia

Minister Ed Husic was sceptical that tighter tax rules would discourage oil and gas investment. (Mick Tsikas/AAP PHOTOS) (AAP)

The industry minister is not convinced tighter tax settings on Australia's oil and gas industry will prevent future investment.

Ed Husic's comments were directed at a defence of existing tax settings launched by the key oil and gas body that argues the sector is already paying a substantial tax bill.

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