Media Releases

Professor Joseph E. Stiglitz Australian Speaking Tour: July and August 2024

Professor Joseph E. Stiglitz, Nobel Laureate, former World Bank Chief Economist, and best-selling author and professor at Columbia University, will visit Australia from late July 2024 for a national speaking tour to discuss Australia’s growing inequality, the levers available to governments to address it, and his latest book, ‘The Road to Freedom: Economics and the Good Society’.

May 2024

First Nations Consultation Protected, Gas Industry Still Winners From Flawed PRRT

The Labor Government and Australian Greens working together to remove a deeply flawed schedule from the Offshore Petroleum and Greenhouse Gas Storage Legislation Amendment (Safety and Other Measures) Bill represents a small victory for the community, however the need to fix the Petroleum Resource Rent Tax (PRRT) collect more revenue remains.

A supplied image obtained on Wednesday, January 22, 2020, of the Santos Liquefied Natural Gas plant in Darwin. (AAP Image/Supplied by Santos) NO ARCHIVING, EDITORIAL USE ONLY

Simple changes to Petroleum Resources Rent Tax could raise $18 billion: new analysis

Simple reforms to the Petroleum Resources Rent Tax could raise $18 billion over the next four years, new Australia Institute research has found. The report, A Stronger PRRT Cap, demonstrates that straightforward reforms would raise more revenue than the government’s proposed 90% cap on the expenses oil and gas companies can deduct from their PRRT

April 2024

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