Ouch! Offshore operators Down Under hit by US$1.63 billion tax hike

Labor Treasurer proposes sweeping changes to the Petroleum Resource Rent Tax

Man with a plan: Australian Treasurer Jim Chalmers.
Man with a plan: Australian Treasurer Jim Chalmers.Photo: AFP/SCANPIX
Published 9 May 2023, 02:16Updated 10 May 2023, 13:14