Australia's largest oil and gas producer. US$3.6bn profit in 2024, dividends flowing mostly offshore; its CEO left for a British major on multiples of the pay.
Estimated flow offshore, each year
≈A$3.5bn/yr
Flowing to dividends offshore. US$2.3bn dividends 2024, mostly to offshore shareholders.
vs
Corporate income tax paid · 2023-24
A$1.72bn
Unlike its gas peers, Woodside does pay substantial tax, income and resource rent alike. ATO Corporate Tax Transparency 2023-24.