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Richard Denniss is calling for a gas export tax, but an effective royalty system would be a better option

By Diane Kraal, Adjunct Senior Research Fellow, Business Law and Taxation Dept, Monash Business School, Monash University

Richard Denniss is an economist and head of the Australia Institute, a Canberra-based policy think tank. His monograph More Fool Me: How the Gas Industry Tricked Australia is an impassioned plea for ordinary Australians to lobby relevant federal ministers to more effectively tax the export gas industry.

The ineffectiveness of the current Petroleum…

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