Woodside’s LNG: The 43-Cent Question Every hour, millions of dollars’ worth of liquefied natural gas leave Western Australia’s coast — shipped from Woodside’s North West Shelf project near Karratha to power homes and industries across Asia. It’s one of the world’s biggest LNG hubs, but according to unions, Australia sees only 43 cents in tax for every $100 exported. The ACTU wants a flat 25 percent export levy, claiming it could raise $17 billion a year — enough to fund 50 000 affordable homes nationwide. Gas producers warn such a move would threaten investment and jobs, arguing Australia already benefits through existing taxes, royalties, and local spending. The debate cuts to the heart of Australia’s resource story: enormous energy wealth leaving our shores, and the question of how much of that value stays here. If we’re selling the gas, shouldn’t Australians share more in the return? Lykeshares

Woodside’s LNG: The 43-Cent Question

Every hour, millions of dollars’ worth of liquefied natural gas leave Western Australia’s coast — shipped from Woodside’s North West Shelf project near Karratha to power homes and industries across Asia. It’s one of the world’s biggest LNG hubs, but according to unions, Australia sees only 43 cents in tax for every $100 exported.

The ACTU wants a flat 25 percent export levy, claiming it could raise $17 billion a year — enough to fund 50 000 affordable homes nationwide. Gas producers warn such a move would threaten investment and jobs, arguing Australia already benefits through existing taxes, royalties, and local spending.

The debate cuts to the heart of Australia’s resource story: enormous energy wealth leaving our shores, and the question of how much of that value stays here.
If we’re selling the gas, shouldn’t Australians share more in the return?

Woodside’s LNG: The 43-Cent Question

Every hour, millions of dollars’ worth of liquefied natural gas leave Western Australia’s coast — shipped from Woodside’s North West Shelf project near Karratha to power homes and industries across Asia. It’s one of the world’s biggest LNG hubs, but according to unions, Australia sees only 43 cents in tax for every $100 exported.

The ACTU wants a flat 25 percent export levy, claiming it could raise $17 billion a year — enough to fund 50 000 affordable homes nationwide. Gas producers warn such a move would threaten investment and jobs, arguing Australia already benefits through existing taxes, royalties, and local spending.

The debate cuts to the heart of Australia’s resource story: enormous energy wealth leaving our shores, and the question of how much of that value stays here.
If we’re selling the gas, shouldn’t Australians share more in the return?

Shortnsalty 70d

Berkshire is hoarding so. much. cash.

Berkshire is hoarding so. much. cash.
Goldrush_Greg 101d

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Stonksurfer42 131d

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Moonbagjack 162d

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Chartwizard_Au 1y

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Tendies_Inbound 1y

#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?

Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?