July 2017
Dam the expense: new research on Ord River irrigation shows how not to develop northern Australia
New research released by The Australia Institute today looks at the economic and employment effects of the Ord River irrigation schemes. Expansion of Ord irrigation is part of the Federal Government’s vision for developing northern Australia, but faces opposition from indigenous groups, the Northern Territory government and is dogged by decades of economic failure. The
Concern fish farms not modernising a risk to long-term jobs: Lyons poll
A high profile community campaign on fish farming has put economic and employment issues in the spotlight. New polling release today asked residents of Lyons about the industry’s performance on modernising in order to protect jobs into the future. “It is clear from these results that even those who back the industry believe that fish
Royalty Flush: Galilee Basin to cost NSW $10 billion in coal royalties
The Australia Institute has released new research showing that the development of Adani and other Galilee basin mines would reduce NSW coal royalties by over $10 billion to 2035. [Full report in PDF below] The Institute’s calculations are based on analysis by well-known coal analysts Wood Mackenzie, commissioned by the Port of Newcastle, the world’s
Cabinet Ministers’ electorates strongly oppose coal subsidies
New polling of seven electorates belonging to senior Cabinet Ministers, including the Prime Minister, reveals strong opposition to a federal subsidised loan for Adani’s coal project, and support for instituting a moratorium on new coal mines. The Australia Institute commissioned ReachTEL to conduct surveys of 4,712 Australian residents across the electorates of Wentworth (Turnbull), Cook
June 2017
Common sense wins over coal – Australian taxpayer loan to South African coal mine on ice
Following pressure from Australian civil society organisations, Australia’s export credit agency, Efic, has shelved plans to lend Australian taxpayers’ money to the Boikarabelo coal project in Limpopo Province, South Africa. While Efic has not ruled out future funding of this project and other overseas coal mines, Senate Estimates were told last week that Efic does
LET could be breakthrough policy
A well designed Low Emissions Target (LET) could be the basis for the needed integration of climate and energy policy in Australia according to Canberra-based policy think tank The Australia Institute. “The key will be to ensure any scheme accelerates the transition away from coal and does not lock in support for fossil fuel generators,”
May 2017
For Hume the Bell Tolls: Impacts of the Hume Coal project on Southern Highlands businesses
A new report by The Australia Institute provides in-depth analysis of the proposed Hume Coal project, finding that it could damage the economy of the Southern Highlands region in NSW. The Southern Highlands economy is based on service industries with mining accounting for just 2 percent of employment in the region. Compared to NSW as
African white elephant: Australian taxpayers could finance South African coal
African white elephant, a report released today by Jubilee Australia and The Australia Institute examines the proposal for Australia’s export credit agency to fund a coal mine in South Africa. The tax payer-backed Export Finance and Insurance Corporation, known as Efic, is considering a loan to develop the Boikarabelo coal project in Limpopo Province, South
‘Royalty Holiday’ AKA giving away Australian coal for free
The Palaszczuk government has reportedly made a deal to give away $320 million dollars-worth of the state’s coal, for free, to an Indian mining giant. The Adani project and government assistance: $320 million dollars in free coal in the form of a reported ‘royalty holiday’ deal. $900 million dollar subsidised loan to build a coal-only
Media release: Adani could get free coal costing Qld budget as much as $1.2 billion
Following media report that the Queensland Government and Adani are negotiating a discount on the royalties the company would pay to extract the state/s coal resources, The Australia Institute has calculated the potential cost of a ‘roylaty holiday’ to the taxpayer. The Courier Mail reported that the government and Adani working on this deal: Premier Annastacia Palaszczuk
Adani offers false hope to South Australia
Steel order of 56,000 tonnes would be less than 1% of Whyalla steelworks capacity. Today’s announcement that the Adani coal project would ‘throw a lifeline’ to South Australian steel producer Arrium is the latest piece of deception from a company renowned for breaking its big economic promises. Canberra-based think tank The Australia Institute, which has
NT fracking hope misguided: Economist points out high risks and low returns
The Australia Institute has made a submission to the Northern Territory’s inquiry into fracking and unconventional gas development. The Canberra-based research organisation finds that fracking would reduce energy security and could represent a net economic loss to the Territory. Energy security would be reduced because the NT already has plenty of conventional gas to cover
April 2017
Gas moratorium remains popular with voters
New polling shows that more than twice as many Australians (56%) support moratoriums on fracking as oppose them (20%), despite concerted lobbying from the gas industry to allow them further access to land. The poll, conducted by The Australia Institute, asked respondents if they support or oppose state bans on fracking. Question: Some states and
March 2017
Coalition voters asked about energy policy, Adani subsidies
ReachTEL polling for The Australia Institute of Dickson, the seat held by Peter Dutton, has shown strong support for Labor’s renewable energy target and opposition to government backing of the Adani coal mine. Polling of the marginal Queensland electorate showed very strong opposition to subsidies going to the Adani Carmichael mine project. [FULL RESULTS IN
Political pressure risks $5 billion infrastructure fund becoming a barrel of pork
As the $5 billion Northern Australia Infrastructure Facility (NAIF) considers a $1 billion concessional loan to foreign coal company Adani, a new report from The Australia Institute raises major concerns about the NAIF’s political independence, governance, resourcing and public transparency. Widespread media coverage during December that NAIF had ‘conditionally approved’ the $1 billion proposal was
February 2017
Australia and Indonesia – the OPEC of coal
The Australia Institute says Turnbull must discuss coal with Jokowi Indonesian President Joko Widodo will visit Australia this weekend, as The Australia Institute releases new research on Indonesian energy policy. The Institute has called for coal, energy and climate to be on the agenda for talks with President Widodo. Australia and Indonesia are the world’s
Dark side of the boom NSW
As the mining boom ends, the mining clean-up boom is beginning. New research from The Australia Institute released today shows that there is minimal information available to the public on how the clean-up is progressing. The report, Dark side of the boom: What we do and don’t know about mines, closures and rehabilitation in New
Liberals heartland rejects PM’s company tax and renewables agenda
New polling conducted by ReachTEL for The Australia Institute of the electorates represented by Malcolm Turnbull and Tony Abbott reveals strong opposition for cutting the tax rate, particularly for larger companies. Both electorates registered more support for increasing the company tax rate than cutting it. In the Prime Minister’s electorate of Wentworth 43% supported an
December 2016
If a taxpayer subsidy falls in the forest, and no one hears it…
The Western Australian government’s state owned Forest Products Commission (FPC) is logging WA’s native forests at a financial loss to the state, as shown in a new report from The Australia Institute, titled Barking Up the Wrong Trees. “The people of Western Australia are losing jarrah and karri forests, and in the process making a
Open letter puts unanswered economic questions on Adani project to PM
The Australia Institute have today published an open letter to the Prime Minister outlining the unasked and unanswered economic questions regarding the Adani Carmichael mine proposal and its potential public subsidisation of $1 billion. The letter appears as a full-page advertisement in the Australian Financial Review. The questions put: 1 – Will the Adani mine
Northern Australia Infrastructure Facility should prioritise people and renewables: poll
Australians don’t want their money funding infrastructure for coal and gas companies under the $5 billion Northern Australia Infrastructure Facility (NAIF), national polling released today reveals. The NAIF will spend $5 billion of public funds in Northern Australia on infrastructure that is unable to attract commercial financing, which could include subsidising the controversial Adani Carmichael
New analysis of WA’s $5 iron ore levy proposal
The Australia Institute has assessed the proposal for a $5 levy on iron ore in Western Australia. The policy should be supported as a pragmatic alternative to a resource rent tax. The analysis finds that if the $5 levy had been imposed on relevant production over the last five years it would have raised $11.5
November 2016
Australians back Timor-Leste in maritime dispute
Australians favour international law to determine Timor maritime boundary between Timor-Leste and Australia, even if that delivers Timor-Leste a substantial share of the oil and gas in the Timor Sea. The poll of 10,271 residents across Australia showed 56.5% support for establishing a maritime boundary in accordance with current international law, with only 17% opposed
October 2016
GISERA and the threat to independent science
Gas industry funding and direct involvement in research committees of GISERA, the research body that conducts research on social and environmental impacts of CSG, is potentially compromising the scientific independence of CSIRO. The five main Queensland gas companies provide the lion’s share of funding to the Gas Industry Social and Environmental Research Alliance (GISERA) – the Gas Industry Social
September 2016
South Australians don’t believe the hype: Poll shows SA backs fracking ban
1,473 South Australians were asked if they supported a Victoria-style ban on gas fracking in their state. Twice as many (47%) support a ban than are opposed (23%). 30% were undecided. The polling was conducted on 30 August, as Victoria introduced its ban and in the weeks following the furore around energy prices in South
Another day, another $100m subsidy to coal
The Australian government’s settlement with the owners of a coal ship represents another subsidy to the coal industry. With the government settling for $39.3 million while estimating clean up costs of $140 million, the difference represents a cost to taxpayers and or our environment of over $100 million. It’s not clear whether the Australian government
August 2016
Sound economics as Victoria quits fracking for good
The Victorian Government’s decision to ban fracking is based on sound economic and energy policy. Queensland’s experiment in unconventional gas has demonstrated that the economic benefits promised by the gas industry largely failed to materialise, and there has been an enormous downside to other industries. Arguments that the gas is needed have rung hollow as Australian domestic gas demand
Tasmanians want salmon boom to be sustainable, regulated
Statewide polling shows Tasmanians want the fast growing industry of intensive fish farming to be better monitored and regulated. New polling of 1,310 Tasmanians conducted by ReachTEL for The Australia Institute shows 70% support for establishing an independent watchdog on intensive fish farms and 61% support for an independent investigation into the impacts of the
July 2016
From climate pariah to climate saviour? Transforming the petroleum industry
A new report from The Australia Institute explores what the petroleum industry can do to simultaneously pursue its financial interests and the interests of the global climate. The report, written by Australian National University Emeritus Professor Andrew Hopkins, outlines four key areas where the oil and gas industry’s interests align with the global goal of
Money trail and special access linked to mining approvals
The report examines 6 highly controversial QLD resource projects and reveals a pattern of political donations, remarkable access to ministers, unaccountable lobbying, cash for access, and the revolving door between the bureaucracy and industry. All of these projects received extraordinary outcomes including policy changes, project approvals and even legislative changes. The report also highlights the strong connection of these companies to QLD
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