Australians should learn from Norway … bold taxes coupled with equity (joint ownership).
“… Norway leads the field … It levies a massive 78 per cent effective tax rate against the energy giants, partly through joint ownership of the projects, amongst the highest on the planet. That has helped it build a $US2.2 trillion sovereign wealth fund that last year delivered a $US350 billion profit…”
Read “Queen’s Pawn to D4” by Rod Johnston.
Visit https://RodJohnston.com.au
Read Ian Verrender’s article https://www.abc.net.au/news/2026-04-24/gas-resources-tax-for-federal-budget-resources-verrender-column/106602096?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=other
