Taxing gas: How Australia is losing $20 billion a year
From New Politics: Australian Politics by New Politics
April 24, 2026 · 22 min
About this episode
The episode discusses Australia's stalled debate over a gas export tax and the implications for public funding and tax reform.
Subscribe to New Politics for weekly briefings and full analysis: www.newpolitics.com.au Today on the New Politics podcast, we examine Australia’s stalled debate over a 25% gas export tax and why major tax reform continues to be blocked despite strong economic evidence and growing public support, with many experts warning the nation is getting a poor return on its natural resources. A gas export tax could raise around $20 billion a year to fund health, education, the NDIS, housing and essential public services, yet remains politically sidelined due to the influence of the gas lobby and entrenched vested interests. We explore the ongoing failure to deliver structural reform, including hesitation around negative gearing, and assess whether the Albanese government has the political will to act ahead of the federal Budget, or if Australia will once again miss its chance to secure a fairer tax system and ensure Australians benefit from their own resources. #AUSPOL www.newpolitics.com.au Support New Politics: Patreon: https://www.patreon.com/newpolitics Substack: https://newpolitics.substack.com Song listing: ‘La Femme d’Argent’, AIR.
People in this episode
Host: New Politics
Topics covered
- gas export tax
- tax reform
- economic policy
- public services
- political influence
- Australia's resources
Keywords
- gas export tax
- Australia
- tax reform
- public services
- economic evidence
- Albanese government
- natural resources
Sponsors
Patreon, Substack
Mentioned in this episode
Organizations: NDIS
Books & works: La Femme d’Argent
Places: Australia
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