Post #2154129
2026-05-07 12:12 UTC
Australia: one of the biggest gas exporters on Earth.
Beer tax revenue: $2.7bn
Gas export tax revenue: $1.5bn
So apparently teachers, nurses and renters have to tighten their belts, but multinational gas giants get our resources on clearance sale.
Norway built a $2 trillion sovereign wealth fund. We got “stable business settings” for Shell and Chevron.
And remember, 16 years ago Kevin Rudd tried to introduce a proper mining resources tax. The mining lobby spent millions torching him and Australia is still paying the price.
Funny how there’s always money for corporate subsidies, tax loopholes and endless population growth, but never enough for housing, Medicare or universities.
#australia #gas #auspol #housing #costofliving
https://www.bbc.com/news/articles/cy02pzxd4y4o
Replies (2)
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@bms48@mastodon.social 2026-05-07 13:02
@mojo@aus.social Cueing up TISM: Use Your Delusion II. "Those high ideals that you once had, wind up in your colostomy bag..."
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@ferricoxide@blahaj.zone 2026-05-07 14:34
@mojo@aus.social Could be worse, you could be in the US ...where there's always money available to start wars all over the place but not enough to fund schools, healthcare or much of anything that benefits the proles.