Meanwhile, Resources Minister Madeleine King has remained silent on a potential move by the government to institute a windfall tax on gas profits, after it was reported the prime minister’s department ordered modelling of the policy last week.
“Our gas policies haven’t changed, and I’ve seen that there’s a lot of stuff circling around, a lot of popular … TikTok videos. That’s no way to design tax policy,” King told journalists at Parliament House in Canberra.
Resources Minister Madeleine King.Alex Ellinghausen
Her comment appeared to be a reference to Greens and crossbench MPs, who had taken to social media to barrack for the creation of the levy.
“We will work through any process. What I’m really focused on now is the work on the gas reservation scheme … to make sure that works for the Australian people, for Australia industry, but also, really importantly, to maintain our position as that reliable exporter,” King said.