Wild Amount Aus Will Gain From Iran War

Wild amount Aus will gain from Iran war

Australia is set for a $42bn export revenue windfall thanks to the Middle East war, yet spending it could push mortgage holders deeper into cost-of-living pain.

Australia expects to gain extra US$26 billion from exports thanks to Iran war

Exports are set to rise almost 3 per cent to A$416 billion this financial year, with the biggest beneficiary being the LNG industry.

Gas giants to reap $18 billion war windfall, reviving export tax calls

Australia’s gas companies are poised to cash in on a huge revenue surge in the fallout from the Iran war, intensifying calls for higher taxes.

Now is the time: $18 billion gas war windfall confirms the case for a gas export tax – 16 News

The Greens say new analysis showing Australian gas corporations are expected to receive an additional $18 billion windfall over the next year reinforces what has become increasingly clear: global conflict is delivering extraordinary profits to multinational gas companies while Labor continues to refuse to make them pay their fair share. The USA and Israel’s war on Iran, and instability around the Strait of Hormuz, has sent global gas prices soar…