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At 30 June 2025, PRRT projects had $280.1b of unused deductions carried forward, up from $274.8b a year earlier.

Date
30 June 2025
Headline figure
$280.1b

Even with the cap working, the pool of unused PRRT deductions grew again: from $274.8b at 30 June 2024 to $280.1b at 30 June 2025. Unused deductions keep growing with uplift, and each dollar can cancel a dollar of future taxable profit.

Source: ATO, PRRT statistics (Gas Tax Story data workbook)