Liberal frontbencher Andrew Hastie has told Guardian Australia he’s open to the idea of a 25% tax on gas profits as part of a sovereign wealth fund which could strengthen the budget.
“I think a lot of people, Australians, feel like the multinationals don’t have a social licence, that they’ve had a really good run of our wealth here, and so I’m sympathetic to that point of view,” Hastie said.
“I just know how important those industries are to Australia, so I’d want to get it right. So, I guess I’m open-minded about those questions.”

