ABC News – Australia ·australia ·1 hour ago

Woodside tells inquiry no projects 'would survive' with additional tax

Woodside warned on Friday that an additional 25 percent tax on gas exports would render its projects economically unviable during a Senate inquiry in Perth. Chief Financial Officer Graham Tiver stated that the proposed tax would jeopardize Australia's energy supply. The inquiry comes amid ongoing debates about tax reform in the energy sector as companies report substantial profits.

Summary by Glance · ABC News – Australia

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