Woodside which is over 78% foreign owned has paid little or no
Australian Corporate Tax despite raking in $100s of billions
profit mostly paid to foreign investors..Despiite this, the Labor
Government has given Woodside the green light to continue
out to 2065 without a Corporate Tax payment clause.
Is this fair?
IMO no.
Whose testicles have they got a hold of?
https://www.theguardian.com/australia-news/2025/jun/01/north-west-shelf-gas-extension-australia-lng-woodside-project-little-rent-tax
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- Political Debate
- Labor approves extension of Woodside Lease with no Tax provision