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New research released today by The Australia Institute shows that estimates of impacts on South Australia from proposed changes to the Murray Darling Basin Plan have been changed multiple times by the Murray Darling Basin Authority (MDBA). These changes appear to be based more on political convenience than best available science. “Initial versions of the
The Styx Coal Project, also known as the Central Queensland Coal Project, is not financially or economically viable and should not be granted any form of project approval. Geoscience Australia has described the project area as “not of economic importance”. Figures presented in the environmental impact statement Appendix 10a – Economic Technical Report suggest the
Few electorates will be clear winners if the Adani coal mine goes ahead, new research from The Australia Institute reveals. A limited export market means that Galilee Basin coal projects like the Adani coal mine could come at the expense of Bowen and Surat Basin coal projects. A report released today by The Australia Institute
National poll asked 1,421 Australians about the proposed Adani Carmichael coal mine. The poll, conducted online for The Australia Institute through Research Now, in late September, before revelations about Adani’s corporate record were aired on 4 Corners on the 2nd of October. More Australians oppose Adani’s mine than support it, and a huge majority oppose
Queensland government will be “substantially involved” in any loan to Adani under the Northern Australia Infrastructure Facility (NAIF), as outlined by the Department that helped design the NAIF, in its submission to the Senate NAIF inquiry. This account has been confirmed by the Queensland government’s own submission, which notes that Queensland’s “roles and responsibilities… through
The Australia Institute made a submission to the Senate Environment and Communications Legislation Committee regarding the inquiry into the Environment and Infrastructure Legislation Amendment (Stop Adani) Bill 2017 (the Bill). Our submission notes the merits of the Bill’s proposed amendments, in relation to the Adani coal mine but also more broadly, as the new tests would apply
The Palaszczuk government’s special royalty deal with Adani remains secret after Treasury blocked a Right to Information request. 2000 pages relating to the ‘clear’ and ‘transparent’ royalty framework were almost entirely redacted. Public servants expressed concerns about analysing the deal after it has been offered. The Queensland Treasury has refused to release the royalty subsidy
As the Adani mine proposal becomes a central issue in Australian politics, Prof John Quiggin looks in detail at the economic (non)viability of the mine, which has driven the company’s appeals for subsidies and government support. Prof Quiggin also suggests three reasons the unviable project is still being pursued by its supporters: The project is
Three key changes are required to the CC Act and Bill – to ensure the definition of ‘corrupt conduct’ is widened sufficiently to include all appropriate activities, and to meet the high standards and effectiveness of the respected NSW ICAC.
A new ReachTEL poll of 1,618 Queenslanders shows strong opposition to state and federal subsidies for the Adani coal proposal, including among LNP and One Nation voters. -Polling results in attachment below- 59% of Queenslanders oppose Federal and State taxpayers’ money being used to fund Adani’s project. 37% said they were strongly opposed and just
Media reports suggest that the Palaszczuk Government intends to give Adani a discount on the royalties the company would pay to extract the state’s coal. If the Queensland government settles on a royalty holiday for Adani’s proposed coal mine, similar to that used earlier by the NSW government, the cost to Queenslanders will be almost
Development of large coal mines in Queensland’s Galilee Basin will reduce thermal coal prices. This also reduces royalty revenue received by NSW. The Adani project alone is likely to reduce NSW revenue by nearly $50 million per year. The NSW government should oppose subsidies to Adani.
A comparison of the Queensland and NSW anti-corruption commissions. The Queensland CCC has major design flaws that render it far less effective than the NSW ICAC, leading to fewer corrupt conduct findings and minimal public exposure of systemic corruption.
Despite overseeing $5 billion in subsidised loans, the NAIF has limited staffing and internal documentation. Secrecy around Adani proposal Handful of staff to assess $5 billion worth of projects Lack of guidance documents for Investment Decisions No detailed Application and Assessment process Limited governance policies which they refused to release Secrecy about NAIF Board decisions
Since Malcolm Turnbull replaced Tony “coal is good for humanity” Abbott, the Adani Carmichael Mine, the Galilee Basin and environmental “Lawfare” has been out of the news. An increase in the coal price and Turnbull’s apparent change of view means the Coal Wars are back. Download the Coal Hard Facts guide below.
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
A new report by the Australia Institute shows that employment and jobs growth fell in regional Queensland during the mining construction boom. Despite an unprecedented 400 percent increase in mining investment from 2010 to 2013, by 2015 employment in regional Queensland fell to below 2010 levels. While employment increased in a few mining intensive regions
While the national unemployment rate might be 5.7% this average unemployment hides important variations. The Australia Institute has assessed unemployment by regional variation by federal electorate using Department of Employment data. While the average unemployment rate in Queensland is 6.5% the unemployment rate varies across the electorates, from 4.4% in Maranoa to 10.5% in Hinkler.
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
This paper outlines the recent employment trends and future prospects of Queensland’s industries and regions, and explores the state’s changing economic context.
Polling conducted by ReachTEL in South Australia, Queensland and the electorate of New England found very high support for fixed terms for Australian political elections. Reported on by Michelle Grattan on The Conversation – here.
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
ReachTEL conducted a survey of 738 residents across the federal electorate of Dickson, 747 residents across the federal electorate of New England, and 762 residents across the federal electorate of Page during the evining of 17th December 2015. Results in attachment below.