September 2014

MR: Australia Institute calls on the Minerals Council members to come clean and apologise

The Australian Institute says the Minerals Council members – the large, mostly foreign-owned, mining companies – should explain the attacks on The Australia Institute. The Minerals Council has claimed that The Australia Institute is being directed by a political party. This is untrue and defamatory. The Minerals Council should immediately desist from making such claims

August 2014

Mining Economics Workshop – Gas Fact Sheet

Gas fields covering NSW farmland and forests are approved largely on the basis of the claims they make about jobs and economic benefits. The gas industry employs some people and generates economic activity, but often not to extent claimed by industry advocates. This fact sheet will assist with arguing against the industry’s shonky economics.

Mining Economics Workshop – Coal Fact Sheet

by Mark Ogge

Coal mines on NSW farmland and forests are approved largely on the basis of the claims they make about jobs and economic benefits. Coal mines certainly employ some peopleand generate economic activity, but often not to extent claimed by industry advocates. This fact sheet will assist with arguing against the industry’s shonky economics.

July 2014

What to make of Palmer’s gambit – A message from Ben Oquist

Last week was another big week for The Australia Institute. You might have seen that we launched another major research report, Mining the Age of Entitlement, this time on the $17.6 billion worth of  taxpayer support that State governments have given the mining industry. You might have seen Ben Oquist’s name mentioned in relation to

June 2014

Age of entitlement lives on: Report exposes billions in government handouts to mining

Age of entitlement lives on: Report exposes billions in government handouts to mining State governments are providing billions of dollars in subsidies to the minerals and fossil fuel industries, a new report by The Australia Institute (TAI) has revealed. The report exposes the massive scale of state government assistance, totalling $17.6 billion over a six-year

Why nobody has energy to burn

by Richard Denniss in The Australian Financial Review

Australia has one of the lowest levels of energy productivity in the developed world. We use more energy to make a dollar’s worth of gross domestic product than the countries we typically compare ourselves to. But while labour productivity, multi-factor productivity and the productivity of our ports elicit interest from our political and business leaders,

Surf Coast gas field risks too great

by Mark Ogge in Surf Coast Times

MAKE no mistake, if a gas field is approved over the Surf Coast Shire it will industrialise the region. The economics of unconventional gas are pretty simple; once approval for a commercial gas field is granted, the company needs to extract as much gas as possible to maximise its return on investment. That typically means

Tony Abbott is out of step on green business

There is a disparity between politicians’ love of symbolism and shareholders’ love of results. Unfortunately for Prime Minister Tony Abbott, that disparity seems set to distance his government even further from the agenda of the mainstream business community in Australia. As if proposing to introduce a new levy on corporate profits and increasing the top

May 2014

April 2014

March 2014

Fracking the future fact sheet

The gas industry has been prolific in putting out exaggerated claims about CSG’s economic benefits while at the same time staying almost completely silent on the health and environmental risks. This fact sheet helps debunk industry myths about CSG.

MR: TAI Coal Submission Censored

The NSW Department of Planning and Infrastructure has censored parts of The Australia Institute’s submission on the Terminal 4 coal project. The Institute’s submission focuses on the economic assessment of the project and highlights a number of flaws in the economic modelling. Almost a page of text showing the relationship between an “independent” reviewer of

MR: Fossil fuel stocks increase risk, not returns

Investments in coal, oil, and gas increase financial risk without increasing returns, according to the new report Climate proofing your investments: Moving funds out of fossil fuels published by The Australia Institute. To meet the internationally-agreed two degree global warming limit, fossil fuel businesses must leave in the ground two-thirds of the reserves currently on

Gas prices are rising despite protests

by Richard Denniss in The Australian Financial Review

Santos has been salivating at the prospect of selling gas for two to three times the domestic price for years. But as the big pay day draws near, the company has started blaming protesters, who oppose the harm that gas exploration does to farms and forests, for the impending price rises; the same price rises

February 2014

Fossil fuel campaigners win support from unexpected places

by Richard Denniss and Tom Swann in Issues Magazine

If you haven’t heard about the growing campaign for fossil fuel divestment, and what it means for both your retirement funds and for the global economy, it’s time to pay attention – because now even the World Bank is on board. At the recent World Economic Forum in Davos, World Bank President Jim Yong Kim called for

January 2014

Coal royalties a tiny part of state revenue

by Rod Campbell in The Newcastle Herald

In the old Chinese proverb, the frog in the well thinks he knows everything about the world, based on the little patch of sky he can see. The view from the bottom of an open-cut coalmine might be a little wider than that of a well, but NSW Minerals Council chief executive  Stephen Galilee’s discussion of the role

Big risk for Liverpool Plains residents

Chinese mining company Shenhua has quite a battle on its hands.  It has loudly and proudly promised employment, investment, and royalties for the Gunnedah region, if its Watermark coal project goes ahead, but locals are publicly calling “foul” on Shenhua’s claims. Residents have managed to stuff the NSW government’s letterbox full of appeals against the

General Enquiries

Tanya Martin Executive Assistant

02 6130 0530

mail@australiainstitute.org.au

Media Enquiries

Jake Wishart Senior Media Adviser

0413 208 134

jake@australiainstitute.org.au

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