War in Iran and the resulting impacts on energy markets have intensified debate about Australia’s gas exports. While Australian debate on taxation of gas features regular international comparisons, a comparison with Japan itself is rarely made. This report aims to fill this gap with a basic introduction to Japan’s Petroleum and Coal Tax.

This analysis presents modelling of the impact of the potential windfall levy – an additional 25% tax on Australia’s oil and gas industry – on post-tax project economics in Australia. It assesses the corresponding implications for Australia’s fiscal attractiveness and competitiveness relative to peer regime. It finds that imposing the windfall levy would make new...

Global conflict is causing an unprecedented shock to global oil and gas supply. A national fuel security plan has been agreed to, to coordinate a consistent response across the Commonwealth, states and territories. The plan is designed to keep community and business updated and provide an early understanding of further fuel security measures that may...

The report for the east coast gas market in Australia examines gas adequacy over a 20-year period to support investors and governments in making informed decisions to benefit consumers. The latest gas adequacy outlook shows improved near-term supply conditions, with risks of extreme peak-day shortfalls in southern Australia now expected to emerge a year later than previously forecast.

The conflict in the Middle East has created the largest supply disruption in the history of the global oil market. This report outlines demand-side measures available to governments, businesses and households that span road transport, air travel, cooking and industry amid strains in diesel, jet fuel and LPG markets. It outlines 10 immediate actions to...