Australia news live: Ed Husic condemns ‘obscenely sweet’ gas deals; Anthony Albanese says national cabinet to discuss ‘long tail’ of fuel crisis

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Labor MP says next budget should have 25% tax on gas exports. Follow today’s news live

Inquiry into gas tax kicks off today

A parliamentary inquiry into the tax regime for gas companies will start on Tuesday as public pressure mounts on the government to use the 12 May budget to extract more revenue from the big multinationals.

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