1. Uni graduates pay more in HECS than the gas industry pays in PPRT
University used to be free but is now more expensive than ever. After graduating with an arts degree a young Australian will now repay the government around $50,000.
Meanwhile, Australia is one of the world’s largest gas exporters, but multinational gas corporations pay almost nothing for Australia’s gas. Uni graduates now pay back much more in student debt (HECS/HELP) repayments than the gas industry pays in Petroleum Resource Rent Tax (PRRT). In 2023-24 Australians paid more than 4 times on HECS/HELP than gas companies did on PRRT.



