Australia Institute research has found that 56% of gas exported from Australia attracts zero royalty payments, effectively giving a public resource to multinational gas corporations for free. Around 80% of Australia’s gas is exported as liquefied natural gas (LNG). Most of this gas is extracted from gas fields in Commonwealth waters, but the Australian Government

Gas companies are meant to pay royalties for the right to extract and sell Australian gas. But no royalties are paid on 56% of gas exported from Australia. Report author Mark Ogge joined ABC News to discuss. A new report from the Australia Institute, Australia’s Great Gas Giveaway, shows that over the last four years,

Australia Institute research has found that 56% of gas exported from Australia attracts zero royalty payments, effectively giving a public resource to multinational gas corporations for free.

While money can’t buy everything, the Australian Government can ‘buy’ a lower Consumer Price Index (CPI).

An on-the-ground video investigation into native forest logging and the people trying to protect the last refuges of some of Australia’s most iconic wildlife.

Ongoing logging within the boundaries of the proposed Great Koala National Park threatens the survival of endangered species and contradicts conservation efforts, writes Stephen Long.

“Gina Rinehart and the mining industry already get out of paying excise on petrol. So I can see why she thinks everybody should avoid it.” – Executive Director Richard Denniss on Channel 9’s the Today Show.

Australia Institute analysis of the 2024 WA Budget shows the meagre contribution of gas royalties to state government revenue will plumet to just 0.6% over the next 4 years.

Nobody likes to be hoodwinked, but that’s what big companies are essentially doing when they engage in greenwashing – giving consumers the false impression they have business practices that help the environment instead of harming it.

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.

The Australia Institute’s analysis of the 2024 Federal Budget finds that while there some big numbers and good measures, there’s no meaningful solutions to issues such as inequality, housing or climate change.

The 2024-25 Federal Budget is a missed opportunity for the Government to solve the key underlying structural problems causing growing inequality, focusing instead on small announceables.  

There’s a lot of misinformation in the debate surrounding Australia’s gas industry. To be clear: the world cannot afford for new gas projects (or any other fossil fuel projects) to be opened if we want to avoid dangerous climate change.

If Australia is to use and produce more fossil fuels than we are now, the rest of our climate policy amounts to tinkering at the edges, writes Rod Campbell.

New research from the Australia Institute has found that state and federal governments provided $14.5 billion in subsidies to fossil fuel producers and major consumers in 2023-24 – the equivalent of $27,581 for every minute of every day, or $540 for every person in Australia.

The Australia Institute has released new research on Australia’s largest fossil fuel subsidy, the Fuel Tax Credits Scheme (FTCS).

It’s hard to believe in 2024 we still have Governments pretending we need to expand fossil fuel production to “help tackle climate change”.

While social licence for fossil fuels has slipped, gas seems to be clinging on longer than the rest.

With the Future Gas Strategy, government policy has entered a backward land where logic is reversed, writes Stephen Long.

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

37 local council leaders from across the country – including Lord Mayor Clover Moore, Lord Mayor of Sydney - have signed an open letter calling on the federal government to increase the petroleum resource rent tax (PRRT) to help fund local communities addressing the impacts of climate change.

The Federal Government’s Future Gas Strategy locks in fossil fuel expansion until 2050 and ignores the fact that the vast majority of Australia’s gas is used for exports, according to analysis from the Australia Institute.

The Australian Government has approved key infrastructure for Chevron’s Gorgon LNG Stage 2 expansion that will produce 3 billion tonnes of CO2 equivalent emissions over the next 50 years.

New Australia Institute research released today shows that royalty payments by the gas industry are negligible and expected to contribute just 1.3% to this week’s WA budget.

They knit, they sing, they even have their own ‘nannafesto’, and these unlikely environmental activists are a force to be reckoned with.

Can you imagine Qatar or Saudi Arabia panicking about a gas or oil shortage?

The Australia Institute has placed a prominent billboard reading “90% of WA’s gas is exported, mostly royalty free” in view of WA’s Parliament, Woodside’s offices and tens of thousands of motorists daily.