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PRRT extension introduced to Parliament

THE federal government tabled legislation extending the Petroleum Resource Rent Tax to onshore oil and gas projects in the House of Representatives yesterday, which the upstream peak body said would allow the industry to fully assess its impact.

PRRT extension introduced to Parliament

The extension, which will apply a 40% impost on the taxable income of onshore petroleum projects as it currently does on offshore projects, has met with much criticism since its introduction. In June,...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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