Australia's gas industry fights proposed 25% export tax in parliamentary inquiry

Australian gas industry representatives testified before a parliamentary inquiry in Canberra opposing increased taxes on gas exports, as crossbenchers and environmental groups push for a 25% tax on gas exports that could generate billions in government revenue. The industry warns higher taxes threaten future investment and supply commitments. The debate reflects Australia's tension between maximizing revenue from energy exports and maintaining competitive advantage in global gas markets. The inquiry outcome could shape Australia's energy tax policy and its position as a major liquefied natural gas exporter.