TAXING GAS EXPORTS FROM AUSTRALIA FAIRLY

The recent Senate inquiry into the taxation of gas resources  attracted considerable interest in the leadup to May’s federal budget. A strong case had been made for improving the tax revenue the government receives from the export of gas - a non-renewable resource owned by Australian citizens. 

The independent NGO, the Climate Council, is among the critics of the current taxation system which lets the gas companies off very lightly.  It claims that Australia is missing out on the level of revenue that many other nations derive from the export of their gas resources.  For example, Qatar and Australia export similar amounts of gas each year with Qatar collecting five times as much government revenue from its gas exports.

Tax revenue on gas exports is derived from royalties for onshore gas extraction or from a Petroleum Resource Rent Tax (PRRT) for gas sourced from Commonwealth waters.  While there are problems with royalties charged for onshore gas, the situation is even worse with the PRRT.  The NGO the Australia Institute claims it has been an abject failure because while LNG exports surged by $47.7 billion from 2014 to 2025, PRRT revenue was $450 million lower in 2024-25 than in 2014-15.

The Australia Institute, along with the ACTU, the Australian Council of Social Services, the Commonwealth Bank CEO, the Australian Greens and several independent cross-benchers support the introduction of a 25% tax on the value of gas exports.  It is estimated that this tax could raise up to $17 billion per year.

Unsurprisingly the gas industry is mounting a well-financed campaign against any changes to taxation which curtail their enormous profits.

Co-CEO of the Australia Institute, Dr Richard Denniss said, “If this parliament chooses to leave things largely unchanged, then it is choosing to put foreign-owned gas companies ahead of deficit repair and properly funding things like the NDIS, hospitals, schools and roads.”

“A 25% gas export tax would transform the Commonwealth budget, push down domestic gas and electricity prices and show Australians that their politicians are willing to put them first.”

            Leonie Blain

The Federal Government ruled out any changes to taxes on gas exports prior to the handing down of the Federal Budget on May 13. 

  Published in the Voices for the Earth column in The Clarence Valley Independent , 1 May, 2026.  Updated  for publication on this blog.

IS THE CLARENCE RIVER MIGHTY?

As we head into our traditional winter dry season, current weather conditions are worrying. Grafton has just experienced a prolonged period of hot weather with maximum daily temperatures at an incredible 5°C above average, peaking on 10^th April at 37.1°C, breaking the previous record by1.5°C.

 

With rainfall since October just one third of the long-term average, river flows and dam levels have declined rapidly. The situation is particularly dire for bushland environments that are still struggling to recover from the catastrophic 2019 fire-storm.

 

Water is life, and we are fortunate in that the valley’s lifeblood is provided by the state’s largest river system, affectionately called the “mighty Clarence”. However, the entire system is under stress and while the more remote wilderness areas are still relatively pristine, with waters cascading through dramatically picturesque mountain landscapes, the same cannot be said for the lower reaches of the river.

 

There are hundreds of kilometres of waterways across the valley that should more realistically be described as a depleted environment with sterile weed-infested banks, trampled by livestock with little left to attract native birds and animals. Further down the river system has been drained, distorted, and confined by levy banks into a single murky channel of water which is certainly no longer mighty.

 

So, can the Clarence River continue to help buffer us against the insidious impacts of climate change? Is it currently able to withstand the impacts of more intense rainfall events and resultant flooding and irreparable bank erosion, or continue to provide the basic needs of humans and the natural environment in the face of ever higher temperatures and frequent droughts?

 

To rescue the river and allow it to recover its best possible potential, it has to be protected. River and creek banks throughout the entire catchment need to be revegetated, and livestock excluded, something that all landowners can be involved in for their own benefit in reducing erosion of their land, as well as providing improved water quality for the entire population, and the wildlife we all want to thrive.

 

-        John Edwards

  Published in the Voices for the Earth column in The Clarence Valley Independent , 24 April, 2026.

 

VALUES OF VISITATION TO NSW NATIONAL PARKS OUTWEIGH LOGGING

 In a media release issued on April 22 the North East Forest Alliance called for the NSW Government to stop logging State Forests and protect them as National Parks in light of the latest visitation statistics which show that national parks attract millions of visitors to regional areas, injecting billions of dollars into regional economies and generating thousands of jobs.

The Government identifies that the 65.6 million visits to NSW National Parks and Wildlife Service (NPWS) parks last year injected $19.5 billion into the state’s economy and supported 62,000 jobs.

National Parks in north-east NSW, north from Gosford, attracted 14.9 million visits last year. With 22.8% of NSW’s visitation, on a pro-rata basis, national parks in north-east NSW are responsible for injecting around $4.4 billion into the regional economy and supporting some 14,100 regional jobs.

“Conservation groups have fought hard over many decades to create most of our national parks, so it is reassuring to see that our efforts have been good for the environment and regional economies," North East Forest Alliance spokesperson Dailan Pugh said.

“Visitation to National Parks is rapidly increasing, over the past decade growing 25% in north east NSW. Creating new parks will increase future recreational opportunities.

“Because of their outstanding biodiversity, State Forests in north-east NSW have been identified by the Commonwealth as the highest national priorities for addition to the reserve system to satisfy the Global Biodiversity Framework target to protect 30% of Australia by 2030.

“Last year we lost $32 million logging our public native forests to prop-up a declining industry being out competed by cheaper plantation timber.

“Its time we stopped logging and degrading our public native forests as it is in the community’s best interests to protect them and allow them to recover.

“Recovering native forests will provide improved visitor experiences, while restoring animal habitats, sequestering and storing CO₂ out of harm’s way, reducing fire risk, increasing stream flows, and reducing flood peaks” Mr.Pugh said.