Private schools are literally sending parents broke, with Financial Counselling Australia (FCA) labelling them as “emerging users of bankruptcy”. Astonishingly, private schools and training colleges file more bankruptcy cases than banks, insurers, and local governments…combined, according to FCA’s data.
In an interview with ABC Perth, PM Anthony Albanese defended his decision not to tax gas exports, made claims about gas company tax payments and called on The Australia Institute to be 'fair dinkum'. But, is he being 'fair dinkum' too?
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The Australian Government is getting less money from our gas exports than Japan is. How can this be?
Resources Minister Madeleine King recently scored some headlines with her comment to Radio National Breakfast, that free gas “is clearly an absurd proposition. And to be frank, I'm mystified as to how they get away with such tosh.” Except, the claims aren't "tosh" at all.
From $282 billion in tax-credits, questions about who would foot the gas export tax bill (spoiler: the gas companies, not consumers), to Woodside going MAGA
The claim that Australia gives away export gas for free has been at the centre of the debate around taxing Australia’s gas exports. And, it's true. Gas companies export approximately 80 million tonnes of LNG from Australia each year, and just over half of this is extracted from offshore areas controlled by the Australian Government. The Australian Government does not make the gas companies pay for this gas, thereby giving it away for free.
KPMG have accepted the data their clients gave them and used a methodology that their clients asked for, and are claiming that they are not to blame if these numbers are used on enormous billboards that could mislead policymakers and the public. This is nothing more than major consultants joining big gas in taking the piss.
New South Wales is the first state in Australia to ban new coal mines. The State Government announced on Friday that it will no longer consider applications for new mines or allow new coal exploration, while extensions to existing mines will still be considered.
New research shows fossil fuel subsidies will reach $16.3 billion in 2025–26, rising faster than the NDIS. Handouts to mining giants are growing faster than support for Australians with disability.
Senator David Pocock has produced viral social media content claiming that Australia’s beer tax raises more revenue than the gas industry pays in Petroleum Resource Rent Tax (PRRT). Can more public money really come from beer tax than gas tax?
