Monster gas projects may pay no tax and royalties on $33B a year

This week’s budget papers show the government spending A$33 billion on education this year, nearly the same amount that Australia’s five new offshore gas fields will make in sales each year when they are running at full capacity. Unless prices spike higher, however, these five monster projects may never pay a cent in royalties or … Continue reading Monster gas projects may pay no tax and royalties on $33B a year