Gas tax inquiry hears Japan collects more from taxing Australian gas imports than Australia earns exporting it
The Senate inquiry into taxing gas exports has begun its public hearings in Canberra, with The Australia Institute revealing the Japanese Government collects more revenue from taxing imports of Australian gas than Canberra earns from exporting it. The Australia Institute’s analysis showed that while Japan is a country with no gas, oil, or coal reserves of its own, it collected almost $40 billion over the last five years, while the PRRT provided only $7 billion to Australians.
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"We are being sold out": Konrad Benjamin criticises government inaction on gas tax reform
Former schoolteacher and Punter’s Politics founder Konrad Benjamin says he is “taking the hits” and doing "Albo’s job for him" on gas tax reform, while his crowdfunded “people’s lobbyist” campaign reflects public frustration with how policy decisions are made and who influences them.
“Just do it”: Ken Henry to Senate on gas export tax
Former Treasury secretary Dr Ken Henry has delivered blunt advice to a Senate inquiry examining the taxation of gas exports. He urged Canberra to overhaul its tax regime, criticising decades of policy settings that have delivered limited public returns. He said a 25 per cent flat tax on gas exports was “a pretty small taxation burden relative to the price increases that have occurred recently.”
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Vanuatu urges Australia to rethink fossil fuel reliance, backs 25% gas export tax
One of the world’s most vulnerable nations to climate change has urged Australia to reassess its reliance on fossil fuels and impose a 25 per cent tax on gas exports. Vanuatu’s Minister for Climate Change Adaptation, Ralph Regenvanu, told SBS that Australia should be using the global energy crisis as a catalyst to ramp up its shift to clean energy.
NSW protest laws rushed in after Bondi terror attack ruled unconstitutional
Powers used by the NSW government to restrict protests in the wake of the Bondi Beach terror attack have been ruled unconstitutional by the state’s highest court. The legislation was rushed through an emergency sitting of Parliament in December following the attack, which killed 15 people.
High Court rules parts of Victoria’s political donation laws unconstitutional ahead of state election
Just seven months out from the state election, Victoria’s parliament is scrambling to draft new political donation laws after the High Court ruled its existing caps unconstitutional. Lawyers for independent candidates Paul Hopper and Melissa Lowe successfully argued that the major parties gained an unfair advantage by exploiting a “nominated entities” loophole.
Welfare advocates push for income support boost as global turmoil fuels unemployment fears
“Some major banks and other forecasters are speculating that, depending on global events, the unemployment rate could rapidly rise,” said the Australian Council of Social Service (ACOSS) CEO Cassandra Goldie. “The government must act urgently at the Federal Budget to make sure people are protected and we are well-prepared for any potential economic downturn,”
Trump's volatility forces US allies to rethink security and economic ties
US allies are being forced to rethink their security and economic ties as Donald Trump lashes out at his geopolitical rivals and traditional partners. Speaking on the Australia Institute’s Follow The Money podcast, US political expert Dr Emma Shortis said global leaders are “absolutely appalled” by Trump’s warning that “a whole civilisation will die tonight” if Iran failed to meet his deadline to strike a deal and reopen the Strait of Hormuz.
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