Martin Ferguson (Batman, Australian Labor Party, Shadow Minister for Transport, Roads and Tourism) Share this | Hansard source

Further, when the government considers retention lease renewal, will it take into account the concerns of domestic gas customers about the willingness of gas sellers to develop fields for the domestic gas market? Secondly, is the government aware that, despite the fact that there are generous tax incentives, the industry is calling for further tax incentives? What is the government’s view about those demands from industry, given the fact that they are already sitting on considerable reserves which they have failed to develop? Will the government also consider a policy option of ‘use it or lose it’, effectively forcing the industry to develop the reserves that they are currently sitting on?

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