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Review of the Petroleum Resource Rent Tax

On 30 November 2016, the Treasurer the Hon Scott MorrisonĀ announced the independent expert Michael Callaghan AM PSM would lead a review into the design and operation of the Petroleum Resource Rent Tax, crude oil excise and associated Commonwealth royalties to provide advice on the extent to which they are operating as intended.

On 28 April 2017 the TreasurerĀ released the report of the Petroleum Resource Rent Tax review.