Chip in to get this ad on every TV in Parliament House
Reports are emerging that the Prime Minister’s office is exploring a new tax on gas corporations. It could be announced within weeks.
But the powerful gas lobby is shifting into overdrive to kill this tax before it gets off the ground.
With your help, we can counter this insidious influence in the halls of Parliament. Will you chip in today to get our TV ad into Parliament House?
This TV ad, based on our research, will act as a constant reminder to politicians and staffers of the political price they’ll pay for not putting Australians before the gas industry.
We can only do this if enough people like you chip in. We’ve never been this close to addressing the gas industry’s free ride in Australia – we can’t miss this moment.
Donate now so we can continute to hold Big Gas to account – for a fairer Australia.
With your help, we're countering the spin of multinational gas companies.
Your impact
For over 30 years the Australia Institute’s independent, non-partisan research has played a critical role in shaping Australian public policy for the better.
Our research played a critical role in the Federal Government’s decision to redesign the Stage 3 tax cuts to deliver an additional $84 billion dollars from high income earners to low- and middle-income earners over the next ten years – something many said was impossible.
Every dollar you donate will power independent research that shapes public policy—or shapes the public policy debate. Together we can make the politically impossible become the inevitable.
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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