Since our last submission we have published a research report relevant to this inquiry, No politics at Aunty’s table: Depoliticising the governance of the ABC. This report addresses the issue of political interference in the governance structures of the ABC, including its charter. A copy has been uploaded with this submission. The Australia Institute advocates

The United Wambo Open Cut Coal Mine Project is a proposal to expand and merge the existing Wambo and United coal mines in the Hunter Valley, NSW. This submission focuses mainly on the economic assessment included in the Environmental Impact Statement (EIS) of the proposal, Appendix 19 Economic Assessment, written by Deloitte Access Economics (Deloitte).

The Australia Institute submission to the Economics Legislation Committee for its inquiry into the Budget Savings (Omnibus) Bill 2016 critiques the proposed savings on the grounds that they will increase inequality and harm innovation.

The Australian Energy Market Commission is considering a proposal to introduce a new rule in the national electricity market. The 5 Minute Settlement Rule Change is a very technical but important rule, which the Australia Institute believes would increase competition. Currently, gas peaking plants provide the energy to respond to rapid changes in demand. If

The Wambo Mine – Modification 12 – Southern Longwall Modifications is a proposal to extend an existing coal mine in the Hunter Valley, New South Wales (NSW). The mine is owned by coal producer Peabody Energy. An environmental impact statement (EIS) has been submitted to the Department of Environment and Planning. This submission relates mainly

Multinational oil company BP is planning exploratory drilling for oil and gas in the Great Australian Bight. The Senate Standing Committee on Environment and Communications is conducting an inquiry into the proposal, including into social and economic impacts of potential oil and gas exploration and production. The economic benefits of oil and gas exploration are

The economic assessment of the Wilpinjong mine heavily overstates the value of the project. This is easily seen by comparing the estimate of the project’s net present value, AUD$735 million, with the total stockmarket value of the proponent, only $114 million. The key flaw in the economic assessment is unrealistic production costs. The assessment assumes

Digging for Answers is a response to the tentative findings of the South Australian Royal Commission into the Nuclear Fuel Cycle and in particular to proposed radioactive waste storage and disposal facilities in South Australia This report finds that the business case for a nuclear waste storage facility in South Australia is exaggerated. The project

The economic assessment of the Rix’s Creek Extension Project, written by consultants KPMG, heavily overstates the benefits of the project while largely ignoring potential costs. Key flaws are: High coal prices. Unorthodox treatment of wages. Assumption that most external costs are fully offset or mitigated, with no consideration of risk around these impacts. Minimal detail

Economic assessment has been at the centre of controversial planning decisions on mining and coal seam gas projects in New South Wales (NSW) for several years. The Australia Institute welcomes the efforts of the NSW Government and NSW Department of Planning and Environment to improve the standard of economic assessment.

The Australia Institute has made a submission on the Environmental Impact Statement of the Bylong Coal Project, a proposed new thermal coal mine located south of the Hunter Valley in NSW.  The economic assessment of the Bylong Coal Project is not suitable for decision making purposes. It lacks transparency, is based on flawed methodologies and

The Airly Coal Mine project is a small, underground mine in the Capertee Valley, north of Lithgow, NSW. It is currently being assessed by the NSW Planning Assessment Commission (PAC). The economic assessment of the project is highly unreliable and its conclusion that the project would provide economic net benefit to the state has no

The Australia Institute has made a submission on the draft Environmental Impact Statement (EIS) for the proposed Abbot Point Growth Gateway Project. The EIS economic assessment is based on flawed economic analysis and ignores the most important economic questions around the project – is it likely to proceed and if so, is it in the

The NSW Government is currently accepting submissions on how to establish a community benefits fund from the potential development of a coal seam gas (CSG) industry in the state. A Discussion Paper has been published by the Division of Resources and Energy. The Australia Institute has written extensively on the economics of gas in Australia.

The Planning Assessment Commission for the Mt Thorley-Warkworth Continuation Project (Warkworth Project) has requested further submissions relating to a proposal to change the State Environmental Planning Policy (mining, petroleum production and extractive industries) (Mining SEPP). The current Mining SEPP requires consent authorities to give the “significance” of a resource the greatest weight in their assessment

The Senate Rural and Regional Affairs and Transport Legislation Committee is currently examining the Shipping Legislation Amendment Bill 2015. The purpose of the Bill is to increase access to Australian coastal shipping for foreign crewed ships in an attempt to make coastal shipping cheaper. The proposed Shipping Legislation Amendment Bill 2015 is likely to reduce

The Australia Institute made a submission to the September 2015 Planning Assessment Commission hearing on the Springvale coal mine extension proposal. Key points: Economic assessment of the project fails to comply with NSW government guidelines and widely-accepted professional standards. No indication is provided as to the financial viability of the mine, making all claimed economic

The Australia Institute and the Jubilee Australia Research Centre have made a submission to the Senate Standing Committee on Economics inquiry into Australia’s foreign bribery laws and their implementation. Our submission is based on research conducted by the CAER – Corporate Analysis. Enhanced Responsibility, an independent environmental, social and governance research house. An increasing number

The South Australian government has launched a royal commission into the nuclear fuel cycle, and whether it is desirable to expand the industry, perhaps into power generation, fuel enrichment, and waste storage. The Commission is accepting submissions on four issues papers relating to: 1)    Exploration, mining and milling nuclear material 2)    Processing and manufacture of

The Australia Institute made a submission to the Environment and Planning Committee of the Victorian Legislative Council Inquiry into Unconventional Gas in Victoria. Our submission addresses three myths of Australia’s unconventional gas industry: That there is a gas shortage That expanding gas supply will reduce Australian gas prices That gas development creates lots of jobs

The Australia Institute made a submission to the Planning Assessment Commission for Newcastle’s Terminal 4 coal project. We oppose the Terminal 4 project. For the project’s capacity to be utilised an increase in the rate of coal extraction in NSW is required beyond the continuation and replacement of existing mines. Such increases are unlikely to

The Australia Institute made a submission to the NSW Department of Planning and Environment’s Integrated Mining Policy during its exhibition period. A problem with the NSW planning system relating to mine assessment in recent years has been economic assessment. There are two areas in need of reform: The quality of economic assessment and enforcement of

The Australia Institute made written and in-person submissions to the Planning Assessment Commission on Shenhua’s Watermark coal project in June 2014. The economic and agricultural assessment in the Environmental Impact Statement (EIS) for the Watermark project is flawed. It is based on biased modelling techniques and ignores the risks the project presents to the region’s

The Australia Institute made a presentation to the Planning and Assessment Commission for the Warkworth Continuation Project in Singleton on December 18 2014. Independent assessment has shown several times that the benefits of the Warkworth Project do not outweigh its considerable environmental and social costs. Judges, peer reviewers and the wider community have found deep

The Tax White Paper is an opportunity to look at areas where the tax system is failing and how to improve it. There are many ways Australia can tax smarter and reduce distortions that the current tax system creates. The Australia Institute has identified a number of areas for reform, outlined in our recent paper

Housing affordability is a complex issue with many moving parts. While some parts of the problem are beyond the domain of the federal government, in particular the supply of land, the federal government can play an important role in helping make housing more affordable. Loans for residential rental property have expanded rapidly, increasing from 16

The Australia Institute made a submission to the Planning Assessment Commission on the Springvale Colliery Extension Proposal. Our submission relates to the various economic assessments and reviews of economic assessments in relation to this project. Controversy has surrounded the economic assessment of the Springvale project, resulting in various assessments, submissions, responses and reviews. None of

‘Now of course I am minimizing my tax and if anybody in this country doesn’t minimize their tax they want their heads read…’ – Kerry Packer giving evidence to the 1991 House of Representatives Committee of Inquiry into the Australian Print Media Industry when questioned about his tax payments. On 2 October 2014 the Senate referred an

Submission to Senate Inquiries on the Higher Education and Research Reform Bill 2014 The debate about how high fees could go under deregulation has largely missed a more important question. When students pay more, what will they be paying for? If the HELP system is a way to pay for a service, shouldn’t higher HELP

The Deloitte Access Economics (DAE) assessment of the economic impacts of the Mt Owen continued operations project has significant flaws which overstate the value of the project and mislead decision makers. The assessment does not make clear the costs and the benefits of the project to NSW, contrary to Director Generals Requirements. Instead, it compares