Peter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Fifield. Minister, our profession of politics is at an all-time low because many Australians feel our political and economic system is failing them. They say it's rigged in favour of big, powerful corporations that donate to political parties and call the shots in this place. Many of these big corporations continue to rort our tax system. Minister, I note that Australia is now set to become the world's largest exporter of LNG, yet Australia collects one of the lowest levels of tax from the gas it owns. Qatar, Malaysia and Indonesia, for example, take in two to three times the gas tax that we do. Is the minister aware that many gas projects owned by multinational corporations in Australia have not paid a cent in resource rent tax to the Australian people, who own the resources, and, given they have clocked up $240 billion in tax credits, are unlikely to for decades to come, if ever?