Follow The Money cover image

The Great Gas Rip-off

Follow The Money

00:00

The Cost of Taxing the Gas Industry

The gas industry in Australia was very profitable before the war. And then after the war, they were $40 billion more profitable than they were before. So I mean this literally in theory, if we taxed all of that, they wouldn't change their behavior. They'd still be out there extracting gas and selling gas because they were happy to do it at the pre-war prices. Yeah. So they're not going to stop. But yeah. We got one. We could have got 40. Any number between 0 and 40 billion is from an economist, one of you available to us. Our system is so crap. It's a common... 140 compared to 70%. That's a common

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app