Brisbane Times ·general ·3 hours ago

Idris Jala urges Australia to impose windfall profits tax on energy

Former Shell executive Idris Jala urged Australia to impose a windfall profits tax on energy companies amid rising gas prices due to the Middle East crisis. Jala, speaking in Kuala Lumpur, argued that energy firms would not abandon the market despite their claims of negative impacts. Australian lawmakers will explore this issue in an upcoming parliamentary inquiry.

Summary by Glance · Brisbane Times

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