Politics
Windfall Profits Tax: Former Treasury Chief Pushes for 100% Rate on Gas Giants
April 15, 2026
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Former Treasury Secretary Ken Henry urges Albanese government to ignore 'self-serving' claims from gas companies and implement a 100% windfall profits tax.
Windfall Profits Tax: Former Treasury Chief Pushes for 100% Rate on Gas Giants
In a submission to a new parliamentary inquiry examining the gas taxation regime, former Treasury Secretary Ken Henry has made a strong case for a 100% windfall profit tax on gas companies. Henry rejected the industry's assertion that such a tax would heighten perceptions of Australia as a sovereign risk and freeze investment in new projects.
Instead, Henry argues that the
Source: The Guardian
Australian politics
Gas
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