Japanese Government collects more tax from Australian gas than the Australian Government!

The Australian Institute has released research today showing that the Japanese government gets more revenue from Australian gas imports than the Australian government gets from Australia's gas export. The Japanese government is getting more revenue from taxing Australian gas than the Australian government is.

Might this level of profitability, I suppose, explain the diplomatic pressure that Japan puts on Australia, on the Australian government?

Yes, I'm sure they would prefer to make large, untaxed profits selling Australian gas to Japanese people. If we have a 25% gas export tax, we'll be at least $17 billion a year better off. We will have more gas supplied to Australians. We will have lower gas prices here in Australia. And if you're worried about the concerns of countries

And if you're worried about the concerns of countries like Japan, fear not, they're taxing our gas, there's no reason we can't.