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Reforming the Petroleum Resource Rent Tax

This consultation process has now been completed. Submissions available

Key Documents

On 2 November 2018, the Treasurer announced a package of measures to ensure that the Petroleum Resource Rent Tax better reflects Australia’s petroleum industry. The Government has today released for public consultation exposure draft legislation and explanatory material giving effect to the measures that change the uplift rates and remove onshore projects from the PRRT.


9 submissions were received for this consultation, including 4 confidential submissions.