Economic Rent

Tax Reform on Gas Is Welcome, But Other Difficult Issues Lie Ahead

The government’s surprise move to address the way tax revenue is collected for gas projects is a welcome reform, but Australia still has a long… Read More ›

How the Government Can Pay for Its Proposed Company Tax Cuts

There are ways the government can pay for a cut in the company tax rate. In a recent working paper, we worked with researcher Chris… Read More ›

Senate Inquiry into Corporate Tax Avoidance: Australia’s Offshore Oil and Gas Industry

The Senate inquiry into Corporate Tax Avoidance has recently held hearings in relation to Australia’s offshore oil and gas industry and Monday 3 July 2017… Read More ›

Budget Forum 2017: Bank Levy – A Tax in Search of a Rationale

The Bank Levy announced by Treasurer Morrison in the May 2017 Budget, to start on 1 July 2017, is estimated to raise $1.6 billion per… Read More ›

Nationalisation, State Equity Participation and Resource Rent Taxation in the Extractive Industry

Papua New Guinea is a resource rich nation, with significant reserves of gas, copper, gold and zinc. Understandably, there is a desire to generate tax… Read More ›

Royalties or Resource Rent Taxes?

In Australia, as in many other countries, as well as income tax, payroll tax and other taxes levied across all industries, the mining and energy… Read More ›