by Michael West | Apr 4, 2017 | Energy & Environment, Finance & Tax
Oil and gas leviathan Exxon Mobil has managed to pay zero tax in Australia for two years, despite making $18 billion in sales. Exxon is BHP’s partner in the Bass Strait offshore oil and gas fields and a big beneficiary of rising gas prices. While East Coast...
by Michael West | Mar 14, 2017 | Energy & Environment
It is bizarre that gas customers in Japan buy Australian gas more cheaply than Australians. Some of this gas is drilled in the Bass Strait, piped to Queensland, turned into liquid and shipped 6,700 kilometres to Japan … but the Japanese still pay less than...
by Michael West | Feb 26, 2017 | Finance & Tax, Government
As the government takes the long-handle to penalty rates, family benefits and climate-change funding – while dangling a $50 billion package of tax cuts in the direction of its big business party donors – it is worth bearing in mind that a third of...