Taxing gas: How Australia is losing $20 billion a year

Taxing gas: How Australia is losing $20 billion a year

Author: New Politics April 25, 2026 Duration: 22:07
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:
Song listing:
  • ‘La Femme d’Argent’, AIR.

Eddy Jokovich and David Lewis host New Politics: Australian Politics, a podcast dedicated to cutting through the noise of the daily news cycle. Their conversations go beyond the headlines and parliamentary theatre, digging into the stories and power dynamics that often get sidelined. They focus on the issues that mainstream coverage tends to gloss over or ignore entirely, driven by a commitment to the kind of accountability many journalists shy away from. Each episode is built on thorough analysis and direct discussion, offering listeners a deeper understanding of the forces shaping the country. You’ll hear them dissect policy, political strategy, and the real-world consequences of decisions made in Canberra, all with a serious and critical eye. This isn’t about soundbites or partisan point-scoring; it’s about examining how power operates and who it serves. For anyone tired of superficial political reporting and looking for substantive commentary, this podcast provides a necessary and regular dose of clarity. Tune in for their unflinching take on Australian politics, where the conversation always aims to hold power to account.
Author: Language: English Episodes: 100

New Politics: Australian Politics, News, Analysis & Commentary
Podcast Episodes
Discarding human rights for the sake of Israel [not-audio_url] [/not-audio_url]

Duration: 17:14
The Albanese government frequently presents Australia as a defender of international law, human rights and the rules-based international order, but does that commitment extend to all nations equally? This week, we examin…
AUKUS: The $368 billion submarine mirage [not-audio_url] [/not-audio_url]

Duration: 25:59
AUKUS was sold as a transformational defence agreement that would deliver a fleet of nuclear-powered submarines and strengthen Australia's security for decades to come. Nearly five years later, the promised new submarine…
The Teal Party of Australia: Will it take off? [not-audio_url] [/not-audio_url]

Duration: 31:29
The teal independents transformed Australian politics by offering moderate urban voters an alternative to the Liberal Party’s culture-war politics under Scott Morrison and Peter Dutton, combining climate action, integrit…
The Royal Commission, Palestine and the clampdown on free speech [not-audio_url] [/not-audio_url]

Duration: 23:17
Australia’s Royal Commission into Antisemitism and Social Cohesion is becoming a major political flashpoint over free speech, Israel and Palestine, civil liberties and political dissent. We examine how accusations of ant…
One Nation and the implosion of the Liberal Party [not-audio_url] [/not-audio_url]

Duration: 29:11
The shock result in the Farrer byelection has exposed a deep crisis inside Australian conservatism, with One Nation winning its first ever federal lower-house seat as the Liberal Party’s vote collapsed from 43 per cent t…
What did they know? Secrets, silence and the Bondi failures [not-audio_url] [/not-audio_url]

Duration: 36:44
Subscribe to New Politics for weekly briefings and full analysis: www.newpolitics.com.au In this episode, we examine the interim findings of the Royal Commission into Antisemitism and Social Cohesion following the Bondi…