Huge profits for fossil-fuel giants Woodside and Santos stoke calls for windfall tax
by Peter Hannam from Environment | The Guardian on (#631WB)
Senator David Pocock and Bob Carr among those urging Albanese government to claw back massive mining profits
- Follow our Australia news live blog for the latest updates
- Get our free news app, morning email briefing or daily news podcast
Soaring profits by Australian-based fossil-fuel exporters have renewed calls for the Albanese government to impose a tax on windfall earnings that have little to do with the companies' performance.
Independent senator David Pocock, the former Labor foreign minister Bob Carr and energy analyst Tim Buckley are among those pressing the government to match nations like the UK and Indonesia in clawing back some of the super-sized profits.
Sign up to receive an email with the top stories from Guardian Australia every morning
Continue reading...