The PRRT and the Cost of Living Crisis

The PRRT, or Petroleum Resource Rent Tax, is a tax on profits of petroleum products, including crude oil and petroleum gas. But through accounting tricks and loopholes, gas corporations are avoiding paying their fair share of tax.

Research mentioned: https://australiainstitute.org.au/report/reforming-the-petroleum-resource-rent-tax/

This was recorded on Monday 19th April 2023 and things may have changed since recording.

The Australia Institute // @theausinstitute

Guest:

Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett

Producer: Jennifer Macey // @jennifermacey

Edited by: Emily Perkins

Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions

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