It’s a No-Brainer!
Gas companies in Australia made up to $40 billion in windfall profits in the last year due to the war in Ukraine, and global price spikes. There are growing calls for a windfall profits tax to claw back some of these war profits, to fund essential services in Australia.
This was recorded on Tuesday 18th October 2022 and things may have changed since recording.
The Australia Institute // @theausinstitute
Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett
Guest:
Richard Denniss, Executive Director, the Australia Institute // @RDNS_TAI
Producer: Jennifer Macey // @jennifermacey
Edited by: Emily Perkins
Theme Music: Pulse and Thrum; additional music by Blue Dot Sessions
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Why a fossil fuel-free COP could put Australia’s bid over the edge
When the medical world hosts a conference on quitting smoking, they don’t invite Phillip Morris, or British American Tobacco along to help “be part of the solution”.
Burning homes and rising premiums: why fossil fuel companies must pay the bill
Another summer, another round of devastation: homes lost, communities evacuated, lives upended.
Australian fossil fuel subsidies growing faster than NDIS, hitting $16.3 billion in 2025-26
Australian state and federal governments provided $16.3 billion in subsidies to fossil fuel producers and major users in 2025-26, according to new research from The Australia Institute.