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‘Never waste a crisis’: Ex-Shell executive says it’s time for Australia to tax windfall profits on energy

Idris Jala says a 40% to 60% levy would still leave gas exporters with higher profits than in 2025, while easing pressure on Australian consumers.

Summary by Sydney Morning Herald
Idris Jala said the Albanese government should use the crisis triggered by the Iran war to slug gas companies that stand to reap huge profits.

4 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

‘Never waste a crisis’: Ex-Shell executive says it’s time for Australia to tax windfall profits on energy

Idris Jala said the Albanese government should use the crisis triggered by the Iran war to slug gas companies that stand to reap huge profits.

·Sydney, Australia
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Bias Distribution

  • 67% of the sources lean Left
67% Left

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Sydney Morning Herald broke the news in Sydney, Australia on Monday, April 20, 2026.
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