The businesses run by billionaires Andrew Forrest and Gina Rinehart paid almost $5 billion in tax last year, but that was nowhere near as much as BHP and Rio Tinto.
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Nation faces multibillion-dollar bill for decommissioning work to replace oil and gas infrastructure
Business by Alexis Carey 10th Mar 2021 7:59 AM | Updated: 4:56 PM A new report has revealed Australia will be hit by a massive, multibillion-dollar problem within the next 10 years - and the time is now to take action. According to the report by Advisian, much of the nation s existing offshore oil and gas infrastructure is so old, it will need to be decommissioned in the years ahead. In fact, there is more than $50 billion of crucial decommissioning work to tackle, with over half of the work needing to be started within the next 10 years and deemed to be urgent .