Westpac has today announced a full-year profit of $10 billion before tax for the financial year ending on 30 September, 2025. Westpac is one of Australia’s “big four” banks, which together control 72% of all loans to Australian residents. By market capitalisation, Westpac ranks as Australia’s fifth largest listed company and third largest bank. Westpac

New analysis from The Australia Institute shows the University of Newcastle has generated surpluses and seen its net assets grow significantly.

A letter from the Australian government to the UNESCO World Heritage Centre, obtained by The Australia Institute under Freedom of Information, misleads UNESCO to allay concerns about the damage industrial salmon farming is doing to Tasmania’s Wilderness World Heritage.  

After a decade-long delay for a detailed report into the state of the Tasmanian environment, the state government seems to have again pulled the handbrake on protecting the state’s natural wonders.

Analysis by The Australia Institute reveals that replacing the broken Petroleum Resource Rent Tax (PRRT) with a flat 25% tax on gas exports, as suggested by the ACTU, would raise more than $17 billion a year, enough to quadruple Commonwealth spending on housing. 

Queensland taxpayers have missed out on almost $400 million because Adani sold coal at mates rates to Indian customers, according to new research by The Australia Institute.

Federal Treasurer Jim Chalmers has today announced a significantly weaker superannuation tax plan than the one he promised two years ago.

Corporate tax transparency data released yesterday by the Australian Taxation Office (ATO) shows, once again, that multinational gas exporters are reaping billions from Australian resources while paying little or no tax.

New analysis by The Australia Institute reveals there is no financial crisis at the Australian National University.

Today’s decision by the Reserve Bank of Australia to keep interest rates on hold will force more Australians into unemployment and, ultimately, into poverty.

Australian artists, writers, musicians and other creative industries helped the nation survive the COVID pandemic, yet they’ve been left to decline, according to a submission by The Australia Institute.

(Spoiler alert: nothing!)

After a chilly winter, Australians are about to be hit with their winter heating bills. New analysis by The Australia Institute has found that a bit of red tape might have kept us warmer and kept our power bills down.

Of Australia’s 37 public universities, 26 take money from fossil fuel companies, according to new research released today by The Australia Institute.

Australia Institute analysis submitted to the federal government’s Gas Market Review shows the ACTU proposal for a 25% tax on gas exports would end the gas shortages being engineered by the gas industry, cut gas prices, and deliver $12.5 billion revenue windfall for Australian industry and households.

The algal bloom wreaking havoc on the South Australian coastline and economy underlines the urgent need for a National Climate Disaster Fund.

New Australia Institute research has identified three simple tax reforms which would raise an extra 70 billion dollars a year without hurting low or middle-income Australians.

The Australia Institute welcomes the Tasmanian Liberal Party’s promise to conduct an independent study into the salmon industry, pausing marine expansion while the review is carried out. 

Federal Environment Minister Murray Watt has used changes to the Environment Protection and Biodiversity Conservation Act to allow the continuation of commercial salmon farming in Tasmania’s Macquarie Harbour.

New analysis from The Australia Institute underlines the impact of climate change on the economy and productivity ahead of next week’s Economic Reform Roundtable.

A new report on Australia’s standard of living has found that low real wages, underfunded public services and skyrocketing prices have left many families experiencing hardship and hopelessness.

The Australia Institute welcomes the Reserve Bank of Australia’s decision to cut interest rates today, but borrowers are still at least 0.25% behind where they should be.

Analysis by The Australia Institute shows ACTU Secretary Sally McManus’s call for a 25% tax on revenue from gas exports to replace the “broken” Petroleum Resource Rent Tax (PRRT) would raise around $12.5 billion annually, enough to triple the Australian government’s housing expenditure.

New research by The Australia Institute reveals there is little evidence of a “productivity crisis” in Australia, despite claims to the contrary from business leaders and politicians. 

When Treasurer Jim Chalmers brings the nation’s economic leaders together next month, don’t be surprised if big business pushes – yet again – to cut the company tax rate.

This morning, the media is reporting that the federal government has been advised that the budget cannot be fixed without raising taxes and cutting spending, and that its housing target is unachievable.

New Australia Institute research shows that if the GST had kept up with economic growth, as it was intended to do, states and territories would have received an additional $231 billion in revenue in the time since it was introduced. That includes $22 billion in lost revenue in 2023-24 alone. The decline of GST revenue has

The Reserve Bank’s decision to keep interest rates on hold at 3.85% means more unnecessary suffering for Australian borrowers.

Australia Institute research shows simple reforms to the GST would deliver a much-needed budget boost to Tasmania.

The role of Monash University in greenwashing the activities of Woodside and other fossil fuel companies has been revealed by journalist Royce Kurmelovs in climate-focused publication Drilled and Crikey. Kurmelovs’ report reinforces Australia Institute research highlighting the crisis of integrity in the governance of Australia’s universities. Upcoming Australia Institute research will further outline Monash and other universities’