Oz Blog News Commentary

Who will fight Oil&Gas in Australia’s national interest? The boxing ring is right here…

March 14, 2017 - 13:10 -- Admin

Craig Emerson, principal architect of Australia’s Petroleum Resource Rent Tax, is out in the AFR today fighting for good taxes and sound economics. For thirty years, the PRRT had been a successful revenue-sharing device, delivering well over $33 billion to consolidated revenue, derived from the economic rents of resource extraction and thus causing no harm. […]