The Australia Institute made a submission on the Draft Report of the Scientific Inquiry into Hydraulic Fracturing in the Northern Territory (the Inquiry). The submission focuses on Chapter 13 Economic Impacts of the Draft Report and the report by ACIL Allen The economic impacts of a potential shale gas development in the Northern Territory (the

The McArthur River zinc-lead mine in the Northern Territory imposes significant environmental costs on the local community. Claims that it could produce government revenue of over $1.5 billion are based on flawed economic modelling that estimates tax revenues over a 1,000 year period.

Development of unconventional gas in the NT risks connecting the NT to the chaos in wider Australian gas markets. As the nation becomes a major gas exporter with record production there have been no winners.

The Australia Institute welcomes the opportunity to make a submission to the Scientific inquiry into hydraulic fracturing in the Northern Territory. Our submission focuses on Theme 7.7 of the Background and Issues Paper, economic impacts and also addresses other themes that the Institute has conducted research on.

The North East Gas Interconnector (NEGI) is a proposed gas pipeline between the Northern Territory and the eastern states. The project is strongly endorsed by gas companies, the Territory government and governments in other states, but analysis is lacking as to the actual benefits to Territorians and the rest of Australia.While there is a shortage

State governments are more usually associated with the provision of health, education and law enforcement than industry assistance. So it might surprise taxpayers to learn that state government assistance for the mineral and fossil fuel industries consumes significant amounts of their money. Each state provides millions of dollars’ worth of assistance to mining industries every