Submission to the Senate Economic References Committee inquiry into Australia's oil and gas reserves

01 November 2019

The Business Council believes that Australia’s resource tax arrangements, which include royalties and the Petroleum Resource Rent Tax (PRRT), have worked appropriately to date. The latest data from the Australian Petroleum Production & Exploration Association indicate that the oil and gas industry’s total payments to government have been over $70 billion during the past decade.

Read the full submission here.

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