For those playing along at home, some contributions to the AlboLingo glossary:
"populist" = popular, sensible policy, but not what my fuel lobby overlords want.
"the worst possible time" = I'll never do it.
"the budget will not undermine existing contracts on gas exports" = I'm spineless. #auspol
Simon Rosenberg
Anthony Albanese rules out gas export tax on existing contracts and criticises ‘populist’ campaign
Prime minister says the middle of a global fuel crisis is ‘the worst possible time to jeopardise’ Australia’s partnerships with Asian trading partners
The prime minister, Anthony Albanese, has confirmed next month’s federal budget will not include a new tax on existing gas export contracts as he criticised the “populist” campaign calling for a levy on producers.
As reported last week, Albanese was poised to reject pressure to introduce a 25% tax on gas exports amid concerns the intervention could alienate the same Asian trading partners Australia is relying on for supplies of diesel and petrol. Continue reading...
