Politics · Australia · 2 hrs ago

Lambie calls for means-tested subsidies and a gas export tax

Lambie calls for means-tested subsidies and a gas export tax

Independent senator Jacqui Lambie wants Australia to means-test existing subsidies, including childcare and electric vehicle support, to help cut government spending.

She suggested that higher-income households could receive a smaller childcare subsidy, using a couple earning $500,000 between them as an example.

The government is under pressure to rein in spending ahead of its December budget update, amid persistent inflation and rising cost-of-living pressures.

Lambie also urged the government to consider a 20 per cent tax on gas exports, while the Greens and independent senator David Pocock have backed a 25 per cent tax that they say could raise billions of dollars a year.

The government has rejected a gas export tax, citing concerns about trade relationships with Asian partners and pointing to revenue from an existing tax.

Lambie supports a gas reservation bill that would require exporters to keep up to 20 per cent of their gas for Australian buyers; the bill faces a parliamentary fight this week without support from the Greens or Coalition.

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What people are saying

Jacqui LambieIndependent senator
We've got to target better in this country.
via ABC Australia
Means test it all, why not? That's where you'll get some money from.
via ABC Australia
Start taking our resources back into our own hands, but we're actually making money off out of them.
via ABC Australia
I don't see this financial situation turning around overnight. And I think we've got a couple of more years of it.
via ABC Australia