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Australia

Shell’s Tax Dodge, Albo’s Gas Spin and Ken Henry’s Blast | Scam of the Week

We are in the biggest heist and media/political profit racket in Australia today. Shell’s Australian boss this week led a parliamentary inquiry into gas and somehow failed to say how much revenue his company made or how much Australian gas it exported. Meanwhile, Ken Henry, one of the country’s most respected tax experts, told the same inquiry to “just do it” and “stop the nonsense” on taxing Australia’s limited natural resources.

The gas lobby has spent years convincing politicians, the media and the public that foreign multinationals should continue to export Australian gas while paying little income tax and royalty fees. Now they are making super profits thanks to the US/Israeli war on Iran. 

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Sections:
0:00 – Scam Contestants
00:54 – Shell Boss Fronts Investigation
01:23 – No Revenue Response
02:39 – Shell Tax Data
04:29 – Ken Henry says Stop the Nonsense
06:46 – Media Ignores Gas Tax
09:02 – Politicians and the Gas Lobby
12:14 – Mining Tax Refund
14:25 – 22 Billion Dollar Claim from Albanese
17:43 – Democracy Bought with Gasoline
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Articles mentioned:

Half a billion spent by Minerals Council, coal and resources lobby

Gas, far from free, is becoming a ‘risky’ market all the way to the bank

Fossocracy Australia: government of the people, by fossil fuel companies, for fossil fuel companies

Fossocracy Australia: government of the people, by fossil fuel companies, for fossil fuel companies

Worried about agents of foreign influence? See who owns Australia’s biggest companies

Worried about agents of foreign influence? See who owns Australia’s biggest companies

Energy crisis: Gas lobby cries wolf on gas export tax

Energy crisis: Gas lobby cries wolf on gas export tax

Prime Minister abandons gas tax as companies prepare to grill

Prime Minister abandons gas tax as companies prepare to grill

Gas exporters face 25 percent tax pressure

Gas exporters face 25 percent tax pressure

Corporate Tax Transparency Data
https://taxdata.michaelwest.com.au/


Michael West was founded Michael West Media Focusing on public interest journalism in 2016, particularly the increasing power of corporations over democracy. West was previously a journalist and editor for Fairfax newspapers, a columnist for News Corp and was even once a stockbroker.

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