Follow The Money How a gas export tax could transform Australia
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Mar 25, 2026 Rod Campbell, Research Director at the Australia Institute, brings policy analysis on energy, climate and taxation. He explains how a 25% gas export tax would function and its potential to lower domestic prices and raise billions. He also discusses New South Wales’ ban on new coal mines and why moratoria can kickstart a fossil fuel phase-out.
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25% Gas Export Tax Could Raise $17 Billion
- A 25% tax on gas export revenue could raise about $17 billion a year for Australia.
- Rod Campbell estimates recent LNG exports of $60–$70 billion, so a straight 25% levy on export revenue yields roughly $17 billion annually.
Revenue Could Fund Big Social Programs
- $17 billion could fund major social policy changes like doubling unemployment benefits or free childcare and tertiary education.
- Campbell translates the revenue into concrete examples: a $600 payment per person or doubling Newstart and funding free TAFE/university.
Export Tax Would Lower Domestic Gas And Electricity Prices
- Taxing export revenue incentivises gas companies to sell more gas domestically and lowers domestic prices relative to world prices.
- Campbell explains exporters would prefer selling at lower domestic prices than exporting and paying the 25% levy, easing domestic gas and wholesale electricity costs.
