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.

UComms conducted a survey of 1,281 members across the Federal Seat of Farrer on behalf of the Australia Institute. Three quarters (77.7%) agreed or strongly agreed that Australia exports too much gas. 75% of voters strongly agreed (48.1%) or agreed (26.9%) with the statement Gas export corporations should pay a flat 25% tax on gas

Australians are suffering from climate disasters that are accelerating as climate change worsens. Climate change is spurred on by the historical and present emissions of the fossil fuel industry. A levy on fossil fuel exports could make the fossil fuel industry pay for the harms it has caused and raise up to $100 billion every year.

Do beer drinkers pay more tax than gas companies? Yes, they do! Independent Senator David Pocock recently asked Treasury officials whether beer excise raised more money than a key tax on the gas industry, Australia’s Petroleum Resource Rent Tax (PRRT). A video of the response – that yes, more money comes from beer excise than

Redbridge, on behalf of The Australia Institute, surveyed a nationally representative sample of 2,010 Australians about their knowledge of, and opinions on, Australia’s gas exports. One Nation voters are more likely to correctly respond that more than 59% of gas is exported and are among the most supportive of taxing Australian gas exports.

Unlimited gas exports over the past decade have increased energy prices for Australians, worsened climate change and raised little money for the public. Most gas exports pay zero royalties and Australia’s petroleum tax collects less revenue than HECS. The Albanese government’s response is a ‘gas reservation scheme’. While the details are currently being negotiated, the

The Albanese Government has acknowledged Australia’s gas export problem. However, rather than implement a tax that would reduce domestic prices, raise revenue and help the climate, the government looks to be weighing options that favour either Santos or its rivals Origin and Shell.

The Bill should not pass because the Energy Roadmap proposals could increase Queensland’s emissions by 310 million tonnes to 2050, almost a years’ worth of Australia’s national emissions. This increase from the electricity sector will impose abatement costs of perhaps $98 billion on other parts of the economy. Within the Energy Roadmap there is an

Soon after his election victory in May 2025, Prime Minister Anthony Albanese spoke of “doing things the Australian way, not looking towards any other method or ideology from overseas”. He summarised this approach as “progressive patriotism”. Progressive patriotism should be urgently applied to gas policy in Australia. Despite being one of the world’s largest exporters

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

Australians are being ripped off by gas export corporations.

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.

In 2024–25, Australian governments provided $14.9 billion worth of spending and tax breaks to assist fossil fuel producers and major users, a 3% increase on 2023–24. Subsidies in the forward estimates have increased from $65 billion to a record $67 billion, a sum 14.2 times larger than the nation’s $4.75 billion disaster response fund.

The annual release of AEMO’s Gas Statement of Opportunities invariably triggers coverage suggesting that Australia, one of the world’s biggest gas producers, is about to run short of gas.

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.

The organisations charged with overseeing regional transition away from coal mining in NSW have a budget of $5.2 million across four organisations. By contrast, $27 million of public money was spent in 2022-23 by Coal Innovation NSW conducting and promoting research that greenwashes the coal industry, while a publicly subsidised coal industry research fund worth

Wholesale gas and electricity prices have tripled in Western Australia since 2020, when the WA government first permitted exports of domestic gas, linking the domestic and international markets. Approval for the Woodside’s proposed North West Shelf Extension will lock in this link for the long term, leading to increased costs for West Australian households and

The Australia Institute’s annual Climate of the Nation report provides an insight into Australians’ understanding of, and attitudes towards, climate change and Australia’s current and proposed climate policies. Climate of the Nation 2024 shows that Australians are not only concerned about the climate crisis, they feel negative about the future in the context of climate

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

Australia has long-running challenges in relation to liquid fuel security and transport emissions. In response to the “energy security emergency” arising from Russia’s invasion of Ukraine, the International Energy Agency published a 10-point plan to improve fuel security by cutting oil use by 6% within four months. Two years later, Australian governments have implemented none of the IEA’s recommendations.

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.

The Australian Government claims that green hydrogen is part of its vision for becoming a renewable energy ‘superpower’, but budget documents show this is not the case. Current industrial hydrogen use in Australia is 500,000 tonnes per year. The Commonwealth Government is budgeting for green hydrogen production of around 500,000 tonnes per year into the

War in Ukraine has seen oil and gas export revenue out of Australia increase from $40 billion in 2020-21 to $107 billion in 2022-23. Lobby group forecasts of $17 billion in 2023-24 payments to government should be considered in this context.

According to the Australian Government’s Future Gas Strategy, gas is “critical” to the nation’s economy.

Royalty revenue from WA gas exports has halved in the past two years and now makes up just 1.5% of budget revenue.

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.

The Fuel Tax Credits Scheme costs the Federal Budget nearly $10 billion per year and largely benefits iron ore and coal miners.

Even though Australia needs to transition to a net zero emissions economy as a matter of urgency, the tax system continues to encourage fossil fuel investment.

WA is a globally significant gas exporter, but gas is insignificant in the WA economy.

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