Senate Select Committee on the Taxation of Gas Resources - Perth, WA (part 1 of 2) — hearing of 24 April 2026: transcript & video · Polyfact

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Senate Select Committee on the Taxation of Gas Resources - Perth, WA (part 1 of 2)

24 April 2026

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Contents updated on 22 Oct 2026

The committee opens the Perth hearing, administers formalities and hears Professor Chandler’s evidence on offshore decommissioning liabilities, structural flaws in the PRRT, arguments for a shift to royalties, and proposed governance safeguards and tax‑design reforms.

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Opening formalities and PRRT legal critique

16:46

Opening formalities and witness oath

16:46

Prof. Chandler — PRRT vs royalties and decommissioning risk

19:47

Prof. Chandler — PRRT reform, sovereign risk and international comparisons

27:09

Prof. Chandler — Investment impacts, Queensland royalties and future projects

40:00

Prof. Chandler — UK decommissioning refunds and safeguards

47:35

Prof. Chandler — Closing exchanges and governance questions

54:59

Climate Analytics — Paris alignment and LNG taxation

57:59

Climate Analytics — Paris goals, gas phase‑out and tax context

57:59

Climate Analytics — WA emissions, LNG role and export tax revenue use

01:06:16

Climate Analytics — LNG competitiveness, fuel‑switching claims and CCS

01:11:06

Climate Analytics — Gas as transition fuel and Japan’s energy security

01:39:52

Woodside — Export tax impacts, PRRT defence and lobbying

01:55:20

Woodside — Opening statement, PRRT defence and donations scrutiny

01:55:20

Woodside — Browse economics, export tax impacts and social licence

02:06:27

Woodside — Global tax competitiveness, sovereign risk and PRRT design

02:13:41

Woodside — Lobbying, AEP campaign funding and parliamentary access

02:22:57

Chevron — PRRT implementation, CCS performance and fiscal stability

02:53:54

Chevron — Opening, PRRT status and ATO transfer‑pricing case

02:53:54

Chevron — PRRT payments, investment risk and domestic supply

02:57:53

Chevron — LNG’s role in WA, CCS performance and fiscal stability

03:10:33

Australian Energy Producers — Industry case against export tax

03:45:15

Australian Energy Producers — Industry defence of current regime

03:45:15

AEP — Lobbying, campaign funding and foreign tax comparisons

03:49:16

AEP — Investment competitiveness, East vs West Coast and climate risk

03:55:56

Inpex/Ichthys — PRRT timing, Norwegian model and investment stability

05:05:27

Inpex/Ichthys — Tax profile, PRRT timing and Norway comparison

05:05:27

Inpex/Ichthys — Japanese excise, ‘fair share’ and investment stability

05:08:22

Senate Select Committee on the Taxation of Gas Resources - Perth, WA (part 1 of 2)

24 April 2026

Senate Select Committee on the Taxation of Gas Resources Fri, 24 Apr 2026 Australian Parliament

16:45 - 17:13

Speaker 4

Senate Select Committee on the Taxation of Gas Resources. I begin by acknowledging the traditional custodians of the land on which we meet and pay my respects to their elders past and present. I extend that respect to Aboriginal and Torres Strait Islander peoples here today. I'm senator Steph Wiggins May, the chair of the committee. I'm joined in the room by senators, Varangosh, Lisa Damanen, Dean Smith, Fatima Payman, and Susan...

Senator Susan McDonald and David Pocock by teleconference. The committee will be conducting......

17:13 - 17:14

Here too, Kev.

17:14 - 17:26

Speaker 4

Oh, yes. And senator Pete Wishwilson. How could I forget? The committee will be conducting today's hearings via video conference and in person. These are public proceedings being audio streamed live via the parliament's website and a hand side script is...

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