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The Australia Institute

@australiainstitute.org.au

A gas reservation policy is a distraction that won't raise a cent in revenue. Australia Institute research shows a 25% tax on gas exports could raise $17 billion a year. ✍ Sign the petition to support a 25% tax on all Australian gas exports: https://nb.australiainstitute.org.au/gas_export_tax_b

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A 25% tax on gas exports is popular with voters across the political spectrum. Which is unsurprising considering it would raise $17 billion every year to help pay for essential services! #auspol @richarddenniss.bsky.social

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There was no ambition in the budget to end the free ride for big gas. And not only will the beer excise continue to raise more than the PRRT, the gap between them is growing! @grogsgamut.bsky.social @mattgrudnoff.bsky.social #auspol #Budget2026

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The Australia Institute

“The foreign owned gas companies get more than half the gas we export for free,” says Dr Richard Denniss, co-CEO of The Australia Institute. “You know, brickies pay for bricks, bakers pay for flour, the gas industry doesn’t pay for gas.” ✍ Sign the petition: https://theaus.in/4dmljX8

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A reminder that gas is not a vital industry to Australia. As Polly Hemming explains, if anything, it costs the Australian economy. Some more gas myths debunked here: https://thepoint.com.au/factchecks/251111-does-the-gas-industry-really-support-215000-jobs

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As it currently stands, more than half of the benefit of the capital gains tax discount go to the top 1%. People under 30 only got 2% of the benefit! 📻Senior Economist @mattgrudnoff.bsky.social on ABC Radio National #auspol

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"Australians deserve to get a fair return on the export of our gas." "Companies can export it...but they should be paying us 25% of whatever they get for that gas." - @davidpocock.bsky.social 👏👏👏 #auspol

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The changes to the capital gains tax discount don't apply to new build houses, so fearmongering about discouraging new supply is just wrong. "If the old system did encourage new supply, then it's going to continue to encourage new supply." @mattgrudnoff.bsky.social @ebonybennett.bsky.social #auspol

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"The Australian government doesn't like to be confronted with the fact that we're still opening new gas projects while telling everyone we're transitioning away from fossil fuels." @richarddenniss.bsky.social #auspol

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