Chip in to launch a massive ad blitz that puts the gas industry – and government – on notice
Sussan Ley’s resignation has triggered a by-election in the NSW seat of Farrer – with media and party startegists laser-focused on Farrer from now until polling day, we have a rare opportunity to make gas a national poltical problem for the federal government.
Cashed-up political parties are already booking up all advertising in Farrer – but we’ve managed to secure billboards. If we can lock them in now and back them with national TV ads, we can put the gas industry's free ride in the national spotlight at a pivotal moment.
If we seize this moment, we can help create real political pressure before a critical Budget; if we miss it, the gas lobby keeps the upper hand.
We can't do it without you. Chip in now to launch a massive ad bliltz that puts the gas industry and government on notice!
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Gas: The Facts
Australia Institute research has found that 56% of gas exported from Australia attracts zero royalty payments, effectively giving a public resource to multinational gas corporations for free.
Around 80% of Australia’s gas is exported as liquefied natural gas (LNG). Most of this gas is extracted from gas fields in Commonwealth waters, but the Australian Government has failed to levy royalties on gas feeding six of the seven offshore gas LNG export terminals operating in Western Australia and the Northern Territory. Overall, this means over half the gas exported from Australia is royalty free.
Key Findings:
- No royalties are paid on 56% of the gas that is exported from Australia, including 73% of gas exported from WA.
- Over the last four years, multinational companies made $149 billion exporting royalty free gas.
- At least $13.3 billion in revenue could have been raised over the last four years had royalties been charged on royalty-free gas.
- No royalties are paid on gas supplying major facilities owned by Chevron, Woodside (Pluto), Shell, Inpex and Santos
- Royalties are only paid by the heavily subsidised North West Shelf and onshore fields.
Read more > Gas: The Facts
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