Media Releases

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

Photography taken out of airplane. Hardy and Hook Reef separated by tidal channel

Government Environment Reform Backdown Set to Lock In New Fossil Fuels and Extinctions

More than 100 environment groups have signed an open letter calling for strong environmental law reforms as the Federal Government backs out of its already overdue ‘Nature Positive Plan’ to reform the Environment Protection and Biodiversity Conservation (EPBC) Act. The open letter, coordinated by the Australia Institute, will appear in the Sydney Morning Herald, The

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