Anthony Albanese rules out gas export tax on existing contracts and criticises ‘populist’ campaign
by Dan Jervis-Bardy, Josh Butler, Krishani Dhanji and from World news | The Guardian on (#7598V)
Prime minister says the middle of a global fuel crisis is the worst possible time to jeopardise' Australia's partnerships with Asian trading partners
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The prime minister, Anthony Albanese, has confirmed next month's federal budget will not include a new tax on existing gas export contracts as he criticised the populist" campaign calling for a levy on producers.
As reported last week, Albanese was poised to reject pressure to introduce a 25% tax on gas exports amid concerns the intervention could alienate the same Asian trading partners Australia is relying on for supplies of diesel and petrol.
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