A failure to respond to soaring energy prices and act in the May budget could make voters turn their anger toward the federal government
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The first rule of politics is to never waste a crisis. The current fuel crisis due to the Iran war is one the Australian government needs to seize. The old political concerns about taxing gas companies are now dead. Should the Albanese government fail to act it should not be surprised if voters angry at rising petrol, gas and electricity prices begin to look elsewhere.
Earlier this month, the independent senator David Pocock asked the Senate if it was true that Australians paid more in beer excise than gas companies did in the petroleum resources rent tax (PRRT).