SBS News – Australia
·australia
·2 hours ago
As Australia debates gas taxes, how have other countries tackled them?
Prime Minister Anthony Albanese ruled out increasing gas export taxes in Australia's upcoming budget, rejecting pressure from the Greens and independent David Pocock. Economists say Australia cannot replicate Norway's sovereign wealth fund model due to constitutional differences, though 72 percent of voters support a proposed 25 percent gas tax. Australia's Future Fund currently manages $267.4 billion in assets.
Summary by Glance · SBS News – Australia
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