Albo's Dodgy Billionaire Dinners, Woodside's War Profits & The Tax We're Not Collecting + Albo CAUGHT At Secret Billionaire Dinner. Explaining Himself Did NOT Go Well
Albo's Dodgy Billionaire Dinners, Woodside's War Profits & The Tax We're Not Collecting
THE SCAM: Woodside and Santos pocket an extra $18 billion in untaxed war windfalls after Iran knocked out a fifth of global LNG supply. LNG revenue is now forecast to hit $65 billion — up $18 billion from pre-war projections. Labor rejected the 25% gas export tax, letting the cartels cash in while paying just $1.5 billion in PRRT — less than beer tax.
THE DAMAGE: Australian punters are the only ones not making money from this crisis. Gas export revenue is set to hit $65 billion with zero additional tax collected, while the government looks to everyday Australians for more revenue instead of the gas giants profiteering off war.
THE OUTCOME: The government has previously rejected the 25% gas revenue tax, meaning the gas cartels keep their war windfall while punters keep covering the difference. Labor's alternative is a national gas reservation policy, not a tax.
Punter Citations:
ABC - Gas Giants to Reap $18 billion War windfall, reviving calls for Export tax
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Albo CAUGHT At Secret Billionaire Dinner. Explaining Himself Did NOT Go Well
THE SCAM: Prime Minister Albanese got caught attending a secret fundraising dinner at a Point Piper mansion hosted by 25-year-old Felix Lee, whose father is under ATO investigation for allegedly funnelling millions from China to Australia. A $1 million donation was allegedly on the table. When ABC's David Speers grilled him on live TV, Albo couldn't give a straight answer — deploying the generaliser, the bait-and-switch, and the human shield before limping away with a 3/10
THE DAMAGE: The guest list included the CEO of Commonwealth Bank, the former ASIC chairman, and the former CBA chief — the very people who are supposed to be regulated, not wined and dined. Meanwhile, punters are told to tighten their belts while the PM attends private dinners with billionaires under ATO investigation.
THE COVER-UP/OUTCOME: Albo refused to discuss the dinner, claiming he "doesn't talk about private dinners" while simultaneously insisting Labor is transparent about donations. Speers demolished the contradiction — you can't claim transparency while hiding the details. The PM's final score: 3 out of 10.
ABC - 'I attend a lot of dinners': Anthony Albanese evasive over Point Piper dinner
