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Anthony Albanese rules out gas export tax on existing contracts and criticises ‘populist’ campaign Dan Jervis-Bardy · Josh Butler · Krishani Dhanji and Lisa Cox
Prime minister says the middle of a global fuel crisis is ‘the worst possible time to jeopardise’ Australia’s partnerships with Asian trading partnersFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAnthony Albanese has confirmed next month’s federal budget will not include a new tax on existing gas export contracts as he criticised the “populist” campaign calling for a levy on producers.As reported last week, the prime minister was
29 April 2026 at 05:48

Anthony Albanese rules out gas export tax on existing contracts and criticises ‘populist’ campaign

By: Dan Jervis-Bardy · Josh Butler · Krishani Dhanji and Lisa Cox

29 April 2026 at 05:48

Prime minister says the middle of a global fuel crisis is ‘the worst possible time to jeopardise’ Australia’s partnerships with Asian trading partners

Anthony Albanese has confirmed next month’s federal budget will not include a new tax on existing gas export contracts as he criticised the “populist” campaign calling for a levy on producers.

As reported last week, the prime minister was poised to reject pressure to introduce a 25% tax on gas exports amid concerns the intervention could alienate the Asian trading partners Australia is relying on for supplies of diesel and petrol.