Watch—Fair Share Levy explainer

Australia exports vast volumes of gas each year — resources that are legally owned by the Australian public.

But unlike other major exporters, Australia captures only a small share of these profits. Countries like Norway and the United Kingdom return most of the value from their fossil fuel exports to the public. In Australia, much of that wealth flows offshore to foreign shareholders – even when export revenues soar. It’s a bad deal for Australians, and it’s one we can change.

The Fair Share Levy

The Fair Share Levy ensures Australians receive a fair return from their gas resources – based on the system that works so well for the Norwegian public.

It applies only when gas producers earn large, above-normal profits. Normal returns are left untouched, so investment incentives, jobs and competitiveness are preserved – and gas prices are not affected.