Clare Armstrong
speaker
143 appearances
2 recordings
1 series
first heard Apr 2026
last heard 10 Aug
Clare Armstrong’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.
Appearances
So as much as there are proponents saying Norway is the case study for how to collect a lot of revenue off a flat tax, it's also becoming the example the other side of the debate are using to say, well, if you want to let a rip gas exploration and approval system where we also refund losses, then that's really what you're signing up to with that model.
Yeah, so the big argument is that having a tax like this risks future investment in gas.
And one thing that is broadly agreed at this point across political lines is that Australia is going to need more gas for the future to back up its renewables transition.
And so if you have this tax burden placed on these companies, the argument is that
the tax is such a disincentive to invest that you could actually scare away future gas investment.
Look, it's a bit complicated.
Angus Taylor definitely has a view that he's applying across a whole range of proposals at the moment, which is if you tax something, you get less of it.
He thinks that particularly in the context of the energy crisis we're experiencing is not the way to go.
And that, I think, that context is important to where Anthony Albanese sits.
He's made a really big point of saying that when Australia signs a contract, that we honour that, that we're a trustworthy trade partner.
And I think that goes to the idea that he's not so in favour of a change that would suddenly affect contracts that already exist.
Mm-hm.
I do think he has left the door open to doing something in the future on contracted gas or new projects that obviously don't have deals and arrangements in place.
So I think the PM's position is more of a not now at this time rather than a not ever.
Yeah, so Woodside have argued that a 25% flat tax would effectively kill its Browse gas project off the West Australian coast.
And Premier Roger Cook has said he doesn't support it because he thinks it would be particularly bad for Western Australia.
And critically, he has made those views very clear to the Prime Minister, who, of course, sits in the Lodge currently in no small part, thanks to the voters of Western Australia, who have swung in hard behind Labor in the last two elections.
I think if we were not in the position we are with the current oil crisis, it would almost be a fait accompli that the government would be moving to do something on taxation of gas.
In the last term, Treasury prepared three kind of options of how to strengthen the PRRT.
It was pretty broadly agreed that it wasn't very effective.
Showing 121–140 of 143 · page 7 of 8
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