Senate debates

Thursday, 17 October 2019

Bills

Emergency Response Fund Bill 2019, Emergency Response Fund (Consequential Amendments) Bill 2019; Second Reading

10:35 am

Photo of Rex PatrickRex Patrick (SA, Centre Alliance) Share this | Hansard source

Sorry, you're wrong, Senator Whish-Wilson. I won't repeat the terms you are saying, but it's not nothing. There was zero tax paid in that time. That's not a good return for the taxpayer. Origin Energy earned $51 billion and paid about $108 million in tax—that's over four years. Revenue for Shell was $52 billion and they paid $1.1 billion in tax. If I go to figures for 2016-17, the three large entities of ExxonMobil Australia, Chevron Australia Holdings and ConocoPhillips Australia Gas Holdings had a combined turnover of $11.6 billion and they paid—let's guess; maybe Senator Whish-Wilson would like to interject how much corporate tax they paid.

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