Albanese rules out gas tax during WA visit, but east coast reservation not far off
Prime Minister Anthony Albanese ruled out imposing new taxes on gas companies during a visit to Western Australia,强调 national fuel security amid the Iran conflict. He confirmed the budget would not disrupt existing gas export contracts but signaled a domestic gas reservation policy for the east coast is nearing completion. The remarks came during a Chamber of Minerals and Energy event that was briefly disrupted by climate protesters. While industry leaders welcomed the announcement, environmental groups criticized the government for not taxing gas exports more heavily.
- ▪Anthony Albanese stated the federal budget will not introduce new taxes or undermine existing gas export contracts.
- ▪The prime minister highlighted Australia's gas exports as critical to securing international fuel supplies during the Iran-related global oil crisis.
- ▪Albanese confirmed an east coast domestic gas reservation policy, similar to WA's 15 percent rule, is close to finalization.
- ▪Three protesters from Disrupt Burrup Hub interrupted the event, calling for a halt to Woodside’s Browse project, and were issued move-on notices.
- ▪The government announced $1.1 billion for Anketell Road upgrades and $45 million to fast-track state-led environmental assessments.
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