Senate debates

Tuesday, 24 August 2021

Bills

Offshore Petroleum and Greenhouse Gas Storage Amendment (Titles Administration and Other Measures) Bill 2021, Offshore Petroleum and Greenhouse Gas Storage (Regulatory Levies) Amendment Bill 2021; In Committee

12:43 pm

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

[by video link] Minister, I thank you for acknowledging that I do respect the principles around retrospective legislation, but it's clear that Woodside have engaged in conduct whereby they sought to basically divest themselves of a responsibility. You have indicated that the intention is to bring in a levy; in fact, Minister Pitt has indicated that. That levy, as I understand it, will be right across industry. Not that I think there are many good players in amongst that industry—they all seek to maximise profit and don't really give proper due payments back to the people who host them and who own the resources—but isn't it true that you will seek through the levy to recover the money right across industry, not necessarily with Woodside, who one can fairly look at and say are mostly responsible for this mess?

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