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Australian Gas Industry Fights Windfall Tax Amid Rising Costs

3/28/2026

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Summary

Story summary

The Australian gas industry opposes a proposed windfall profits tax amid rising fuel costs and the Middle East conflict.
Labor MPs, including Michelle Ananda-Rajah (Labor MP) and Ed Husic (Labor MP), back higher taxes on gas companies.
The Australian Energy Producers (AEP) warns a windfall tax could damage ties with Japan and South Korea.
Care workers and transport drivers face high fuel prices and demand government assistance.

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Story summary

The Australian gas industry opposes a proposed windfall profits tax amid rising fuel costs and the Middle East conflict.
Labor MPs, including Michelle Ananda-Rajah (Labor MP) and Ed Husic (Labor MP), back higher taxes on gas companies.
The Australian Energy Producers (AEP) warns a windfall tax could damage ties with Japan and South Korea.
Care workers and transport drivers face high fuel prices and demand government assistance.