Live Tracker
Australia's Gas Giveaway
–$0 since July 2022
Revenue the Australian Government missed by
not implementing a 25% tax on gas exports1
- Revenue the Australian Government is estimated to have not collected since July 2022 by not implementing a 25% tax on liquefied natural gas exports.
$577
Per Second
$34.6K
Per Minute
$2.08M
Per Hour
$348.9M
Per Week
Research basis
$63.8B
Foregone revenue calculated by The Australia Institute from July 2022 to December 2025, had a 25% gas export tax been in place.
What it could fund
Free childcare
or university
or university
Australia Institute research shows this single policy could have funded free childcare or free university and TAFE for all Australians over the same period.
Annual rate
$17 billion / year
Australia Institute research shows a 25% tax on gas exports would raise $17 billion each year to fund essential services.
Daily rate
~$49.8M / day
Nearly $50 million every single day, seven days a week, flowing to multinational LNG exporters instead of Australian schools and hospitals.
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