news.com.au · Tuesday 21 April 2026
This is the moment a fed-up economics teacher questioned why the Australian government collects more tax from beer drinkers than it does from gas exporters.
A teacher with a calculator has done what the Treasury couldn't manage in a decade — worked out that the bloke at the pub pays more for his schooner than Chevron pays for the gas field. The PRRT was designed by Treasury and gelded by the industry before the ink dried. We're the only country on earth that digs up the quarry, sells it at mates' rates, and then asks the publican to balance the books.