Since signing the Paris Agreement in 2015, Australia’s fossil gas exports have doubled, and coal exports have increased significantly. Large exporters of fossil fuels, like Australia, avoid scrutiny of their inaction on climate by emphasising domestic emissions and avoiding discussion on fossil fuel production. The Santa Marta Conference on Transitioning Away from Fossil Fuels offers

The Wood Mackenzie modelling is mostly irrelevant to the gas industry in Australia. They modelled a gas project that doesn’t exist, a tax proposal no one is asking for, and claimed that it would lead to a country no one would invest in.

Japan taxes energy imports through its Petroleum and Coal Tax, which raises AUD $8 billion per year on average. Of this $8 billion, around $1.8 billion comes from taxing gas imports into Japan. This is more than the $1.4 billion per year that Australia’s Petroleum Resource Rent Tax (PRRT) raises in total. Japan raises $710

Australia’s gas exporters pay little tax and royalties, employ few people, push up gas and electricity prices for Australian families and businesses, and worsen the climate crisis. If the Albanese government again delays major reform to the taxation of Australia’s gas export industry, these costs to Australian taxpayers will continue to mount. Refusing to tax

Australia’s wealth of natural gas reserves mean that the Commonwealth could be benefitting from the high prices caused by conflicts in Ukraine and Middle East. If a 25% tax on Australia’s natural gas exports had been enacted in 2022 it would have already raised $63.8 billion, which could fund a range of social services for

War in the Middle East will likely increase global energy prices. Australian Government choices will determine how hard this price spike hits Australian households, how huge gas export company profits are and how much tax revenue Australia will collect.

Inflation is rising again and, unfortunately, so are interest rates. The Reserve Bank of Australia’s recent decision to raise the cash rate from 3.6% to 3.85% involves a misreading of the factors driving inflation. Analysis of wage, inflation and productivity data during 2025 and RBA’s own forecasts for 2026 and beyond reveals that rising wages

Despite long standing international commitments to spend 0.7% of national income on foreign aid, Australia’s support for developing countries has declined significantly over the past fifty years. In recent years, Australian governments have begun to shift their emphasis away from their failure to meet promised Official Development Assistance (ODA) and towards poorly defined commitments to

In the past five years, Australian governments have allowed export gas volumes equivalent to 20 years worth of Australian domestic usage. Gas exports, not green tape, are undermining Australia’s energy security and driving up energy prices for Australians.

The Hunter Valley Operations (HVO) mines are among the largest coal expansion proposals in Australia, representing potentially over a billion tonnes of total greenhouse gas emissions. The Australia Institute made a submission to the NSW planning process opposing the latest proposals. As with previous proposals to extend HVO North and South, emissions costs are underestimated and project

Until the mid-2010s, wholesale gas prices in eastern Australia were low.

The deterioration of the Tasmanian budget means that net debt is expected to reach $10 billion by 2027-28. This paper outlines how the state could increase revenue by auctioning salmon licences, reforming gambling taxes, increasing mineral royalties, and increasing motor vehicle stamp duties and registration fees. If changes to the GST were also made, $11.4

Over the past 10 years $125 billion worth of liquified natural gas was exported from Gladstone in Queensland.

Australia and Qatar are two of the world’s largest exporters of liquefied natural gas, each exporting around 80 million tonnes in 2023, worth $85 billion. From these exports the Qatari Government received $A56 billion, while Australian governments received just $11 billion.

Companies exporting liquified natural gas from Australia have made windfall profits close to $100 billion since 2022, when energy prices spiked because of Russia’s invasion of Ukraine. Most of these profits are based on royalty-free gas and no Petroleum Resource Rent Tax was paid. At best, $20 billion in company tax was paid on this

Australians gamble more than any another nation. Gambling starts well before the age of 18 – almost one in three (30%) 12-17-year-olds gamble. This increases to almost half (46%) of 18-19-year-olds, and these habits persist into adulthood. By highlighting the high rates of gambling among young Australians, this paper shows the need for greater regulations

Over half of Australia’s gas exports are given away, without payment of royalties or Petroleum Resource Rent Tax. Over the last four years, multinational companies made $170 billion exporting gas they got for free. Based on Federal Government forecasts, to 2030 another $170 billion of liquified natural gas will be exported based on free gas.

Economic modelling is a central element of economic and policy debate in Australia. Yet the assumptions that underpin the most commonly used macroeconomic models are rarely discussed even though they fundamentally influence model results. Too often, models are used as a tool of persuasion rather than providing objective policy advice.

Coal royalties are a tiny part of NSW Government revenue. Over the last decade, they have averaged only 2.4% of NSW Government revenue. Coal royalties do little to fund regional communities, schools, hospitals, teachers, and nurses.

Hydrogen fuel cell buses are expensive, require more infrastructure, and do not deliver real-world reductions in emissions. Electrifying Australia’s buses should be a priority for state governments for air quality and climate reasons.

If Western Australia was a country, it would be the world’s third largest exporter of liquefied natural gas (LNG). Yet, despite the huge amounts of gas produced in WA annually, recent media reports claim the state is heading for a gas shortage. How can WA be running short of gas when it is a globally

The Future Gas Strategy, published in May 2024, sets out the Albanese Government’s plan for gas production and consumption in Australia between now and 2050.

Australia’s subsidies to fossil fuel producers and major users from all governments totalled $14.5 billion in 2023–24, increase of 31% on the $11.1 billion recorded in 2022–23.

Submission to Senate Standing Committees on Economics inquiry into the Treasury Laws Amendment (Tax Accountability and Fairness) Bill 2023 [Provisions].

Public road and rail projects worth $7 billion have been sidelined due to Australia’s ‘clogged’ infrastructure pipeline. Meanwhile, the coal and gas industries have committed to $41 billion worth of new fossil fuel projects with similar construction and engineering inputs. Fossil fuel expansion will crowd out both road and rail projects and drive up the cost of the approximately $58 billion in renewable energy infrastructure projects also planned by the Federal Government.

Despite the claims to the contrary by the Northern Territory government, development of the Beetaloo Basin’s gas resources will be of little benefit to Territorians. Modelling used by the NT government itself shows that the development of the Beetaloo Basin will not diversify the NT economy, aid the transition to net zero emissions, provide cheap

New research confirms that corporate profits in Australia, despite recent moderation, remain well above historic norms, and must fall further in order to allow a rebuilding of real wages in Australia that have been badly damaged by recent inflation.

Avoiding the worst impacts of climate change demands urgent action. This urgency ought to be driven by fulsome and transparent information. Current economic modelling by the CCA could be an important contribution to this task, if done properly and shared with all.

The Australia Institute made a submission to the Senate Standing Committees on Environment and Communications’ inquiry into the Nature Repair Market Bill 2023. The Australian Government has provided no economic or environmental justification for the proposed Nature Repair Market (NRM). Instead, it has repeatedly referred to, and quoted figures from, a report by consultants PwC

Australia’s light duty vehicle fleet is among the least fuel efficient in the world, using 24% more fuel per kilometre travelled than the UK. If the UK’s modest standards could be met here, Australian drivers would save $13 billion a year in fuel costs and overall transport emissions would be 17% lower.