Punter S Politics
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The Truth About Our Gas is Out—And the Government is PANICKING | Punters Politics
Posted
February 26, 2026
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February 26, 2026
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Is Australia being scammed? Why is our tax on a pint of beer expected to raise $2.7 billion, while the tax on multi-billion dollar offshore gas exports (PRRT) is only bringing in $1.5 billion? Independent Senator David Pocock recently grilled Treasury officials on these exact figures for the 2025-26 budget, and the answer—or lack thereof—is something every taxpayer needs to see. While Norway has built a $3 trillion sovereign wealth fund from their resources, Australia is left with "waffle" from politicians and a cost-of-living crisis.
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