Ignore ‘self-serving’ claims from gas giants and implement 100% tax on windfall profits, Ken Henry says

Former Treasury secretary says a tax rate is ‘socially optimal’ in submission to a new parliamentary inquiry Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast The former Treasury secretary Ken Henry says “self-serving” claims from gas giants about the risks of a windfall profits and export taxes should be ignored by the Albanese government as it weighs up the intervention ahead of next month’s federal budget. In a submission ...

By Dan Jervis-Bardy Chief political correspondent