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February 2017
Submission: Wallaby Scrub Road closure
The Australia Institute provided advice to EDO NSW and the Bulga Milbrodale Progress Association on the possible economic effects of closing Wallaby Scrub Road, in the Hunter Valley, NSW. Rio Tinto proposes to close the road in order to expand the Mt Thorley-Warkworth coal mine.
Dark side of the boom (NSW)
Report on what we do and don’t know about mines, closures and rehabilitation in New South Wales. Little data is available to the public on the clean-up from the mining boom. State government agencies often lack basic information on how many mines are in operation, with still less published on closures and abandonments.
Review of the Petroleum Resource Rent Tax
The Australia Institute welcomes the opportunity to make a submission to Treasury’s Review of the Petroleum Resource Rent Tax (PRRT). The review occurs at a time when Australia is set to become the world’s largest gas exporter, yet PRRT revenues are declining. Several major gas projects are unlikely to pay PRRT for decades, according to
SUBMISSION: Rocky Hill coal project
Economic assessment of the Rocky Hill project understates costs and overstates benefits. It is unlikely to be in the economic interest of NSW or the Gloucester community to approve this project.
December 2016
Your ABC or your ASX
The ABC is not biased against business according to the recent ABC Editorial Review of business and economics coverage. Far from being anti-business, research released today by The Australia Institute finds that the ABC’s ample coverage of business and economics skews towards big business. Big business receives three to five times more ABC coverage than
Wilpinjong mine extention – PAC submission
The Australia Institute made a submission on the Wilpinjong Extension Project in March 2016. Our submission focussed on the economic assessment by Deloitte Access Economics in appendix M of the environmental impact statement (EIS).
November 2016
Submission to Senate Inquiry into Retiring Coal Fired Power
Energy systems are changing whether we like it or not. Currently there is a lack of policy to ensure that this change is orderly and just. There are already examples of communities that are being affected by these changes and the current policy vacuum.The Australia Institute has published many reports and submissions related to coal
Airly Mine Extension – Submission
The Australia Institute made a submission on the Airly Mine Extension proposal in October 2014, highlighting our concerns with the economic assessment of the project conducted by Aigis Group. Our key points were: The economic assessment does not comply with relevant guidelines. Inappropriate consideration of wages as an economic benefit, overstating the value of the
#democracysausage
Voting and electoral participation are part of Australia’s culture, expressed through our long history of electoral reform as well as modern trends such as the social media tag #democracysausage. Ensuring that everyone’s vote is counted is consistent with our ethos that everyone gets a “fair go”. Australia has among the highest electoral participation rates in
Lithgow Invincible Coal Mine – Submission to Inquiry
The Australia Institute made a submission on the latest proposal for the Invincible coal mine, located near Lithgow NSW. As with several proposals before this, the economic assessment of the proposal is flawed, with costs understated and benefits overstated. The project is unlikely to represent a net benefit to the NSW community and should be
October 2016
First Submission to the ABC (Rural and Regional Advocacy) Bill 2015
The Australia Institute has an ongoing program of research into policy options around the ABC. Several of our research papers relate to the ABC’s operations in rural and regional Australia and the ABC Charter. Most recently, polling we commissioned in January 2016 shows strong public support in Tasmania for increased funding for the ABC in
Second Submission to the ABC (Rural and Regional Advocacy) Bill 2015
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
Like water for cho-coal-ate
New analysis released by The Australia Institute today estimates that hidden subsidies from the Queensland Government to the coal mining industry, in the form of the value of groundwater accessed for free, represent at least $100M in value for the Galilee Basin coal mines alone. Report author Rod Campbell, who is the Director of Research
September 2016
A Coal Moratorium and the Australian Economy
Modelling shows that Australia’s economy would be barely affected by a moratorium on approval of new coal mines and mine expansions. As the world works to reduce greenhouse gas emissions, it will need to burn less coal. As a result, the world will need less coal mines. In the lead up to the Paris climate
United Wambo coal project: Submission
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).
July 2016
Submission on competition to Australian Energy Market Commission
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
June 2016
Great Barrier Bleached
Research released today by The Australia Institute estimates the tourism industry impacts if severe coral bleaching continues on the Great Barrier Reef. — Full report in attachment below — Based on surveys of Chinese, UK, American and domestic tourists, results show that tourism areas adjacent to the Great Barrier Reef risk losing over 1 million
Wambo Coal Mine, Hunter Valley – Submission
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
Public opinion on mine site rehabilitation: Briefing note
As the size of the clean up after the mining boom becomes apparent, mine site rehabilitation is becoming an important topic for many communities, regions and governments in Australia. A recent report on mine voids found that 6,050ha of voids will be left behind in NSW, most of which will fill with saline water, an
Economic assessment of the Hume Coal project
Development of an underground coal mine in NSW’s Southern Highlands is not economically viable and presents risks to the environment, existing industries and landowners.
April 2016
Oil in the Great Australian Bight
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
Jobs Growth in Queensland: Trends and Prospects
This paper outlines the recent employment trends and future prospects of Queensland’s industries and regions, and explores the state’s changing economic context.
Submission to Wilpinjong Extension Project inquiry
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
March 2016
Money doesn’t grow on trees
The Forestry Corporation of NSW (‘Forestry Corporation’ or ‘the Corporation’) is a state-owned corporation that manages more than two million hectares of commercial native and plantation forests in NSW for the primary purpose of timber production. Forestry Corporation has two operating segments; the Softwood Plantations Division, and the Hardwood Division (which is primarily engaged in
Digging for Answers
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
February 2016
Sandstorm in a teacup: Ending sand mining and the North Stradbroke Island “economy”
North Stradbroke Island (NSI) has no “economy” of its own. Most of its residents don’t work at all, mostly by choice. Its houses are mostly owned and used by people who live and work on the mainland and come to the island for holidays and relaxation. On NSI, goods and services are sourced from the
December 2015
Rix’s Creek Extension Project: Submission
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
Draft guidelines for economic assessment of mining and coal seam gas proposals
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.
Two Birds, One Little Black Rock
A new report by The Australia Institute outlines a solution to the twin problems of incentives for retirement of coal fired generation and funding rehabilitation liabilities.
Come ply with me…Expanding the use of complying development certificates in the NSW planning system
In 2015 the NSW Department of Planning and Environment commissioned The Australia Institute to assess the economic costs and benefits of policy changes to the State Environmental Planning Policy (Exempt and Complying Development Codes) (Codes SEPP). One change was to expand the use of Complying Development Certificates (CDCs), which speed assessment processes for types of