Labor Backs Greens Push to Examine Increasing Taxes on Gas Export Profits

A parliamentary probe was ordered ahead of the budget as pressure builds for a 25 percent levy on windfall gas profits.

A ship carrying LNG gas is seen at Rio Tinto’s Dampier Port in Karratha, Australia, on April 11, 2025. AAP Image/Lukas Coch

A parliamentary inquiry into Australia’s gas export taxation has been launched ahead of the federal budget.

Labor joined the Greens on March 30 to establish a committee examining the taxation of Australia’s gas resources, signalling growing openness to changes in the current system.