Help us get this ad on TV
With your help, we're countering the spin of multinational gas companies.
We’ve produced a TV ad, based on our research, that takes aim at the gas industry’s exploitation of us and our economy. Now we need to get it on as many screens as possible in the lead up to the election, where gas royalties and taxation will be front and centre. And before the Environment Minister makes a decision to approve or reject the damaging North West Shelf gas project.
By donating to get this ad on TV, you’ll be helping to show that Australians are not going to take this exploitation from the gas industry anymore.
And the more people who chip in, the more TV screens we can get our ad across. Will you donate today?
Your impact
For 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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