Fossil fuel subsidies in Australia 2025
Federal and state government assistance to major producers and users of fossil fuels in 2024–25
Authors
Media release
Fossil fuel subsidies hit $15 billion, as crossbench seeks reform
In 2024–25, Australian governments provided $14.9 billion worth of spending and tax breaks to assist fossil fuel producers and major users, a 3% increase on 2023–24.
Subsidies in the forward estimates have increased from $65 billion to a record $67 billion, a sum 14.2 times larger than the nation’s $4.75 billion disaster response fund.