Give the Chinese an offer they cant refuse !, page-41

"There is no personal income tax in Saudi Arabia. A flat income tax rate of 20% is applied to the tax-adjusted profit of resident non-Saudi and non-GCC individuals. ... A Saudi resident entity must withhold tax from payments made to such non-residents with respect to income derived from Saudi Arabia." (source: expatexplorer.hsbc.com)

Just imagine what you could do with your $30K p/a odd if you did not have to donate it to the ATO?
Saudi Arabia nationalised its oil resources with the blessing of the USA in 1973 provided it used the
USD as its Petro-Dollar for all its oil export sales. We dumped geoff because he said that he would
'Buy back the Farm" and our resources have been virtually foreign owned since!

Nowadays, our iron ore & met coals are more valueable than oil.