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Australia Institute analysis also shows:

• Gas exports worth $170 billion paid no royalties and no PRRT over the last 4 years.
• Australians pay 4 times more in HECs /Help repayments than the gas industry pays in PRRT.
• Australian nurses pay more tax than the gas industry.
• Many gas exporters continue to pay no tax and PRRT payments are at a 3 year low.
• The Australian government gives gas exporters more than half the gas they export royalty free.

“A 25% gas export tax would go a long way towards solving the nation’s housing crisis and the self-inflicted ‘gas crisis’ in one fell swoop,” said Rod Campbell, Research Director at The Australia Institute.

“It is extraordinary that Australia raises so little money from gas exports, despite being one of the world’s largest producers.

“This is an opportunity for the Albanese government to implement progressive patriotism and put the interests of Australian households and businesses ahead of gas industry greed.

Tomas Jankauskas, Ugo Albertazzi, Lorenzo Burlon, and Nicola Pavanini

In July, the Trump Administration published “Winning the AI Race: America’s AI Action Plan,” a blueprint for American leadership in the defining technological endeavor of the 21st century. President Trump and key advisors like David Sacks and Michael Kratsios are setting the regulatory stage to ensure America dominates in AI, and that the government supports innovation and channels use cases to ends that serve the American people.

The Plan acknowledges that the administration’s aggressive embrace of AI leadership is not without risk. From labor to culture to national security, AI will fundamentally alter the landscape, introducing vast potential for good but also pitfalls that must be avoided. Above all, America’s adoption of AI must preserve the character of our people and the integrity of our economy, giving Americans confidence in the prospects of a future where AI propels us to untold levels of national greatness.

Here’s the thing you need to understand about the artificial intelligence race: it’s exponential, not linear. In a traditional race, the track underneath you doesn’t change in real time. But when it comes to AI, a single innovation can radically transform the field. Think of a poker table, where the deck reshuffles mid-hand. 

In January, a little-known Chinese startup called DeepSeek jolted the stock market with a cheaper reasoning model than anyone thought possible. Immediately, AI chip and Big Tech stocks plummeted, the Nasdaq slid about 3%, and Nvidia shed roughly $590 billion in market value—the largest one-day wipeout on record.

Last month, Nvidia published a Nature paper, claiming it trained its flagship “R1” for about $294,000 on export-restricted H800 chips. That’s a suspiciously low number, to say the least. For context, the H800 is a purposely less capable chip in order to get around export controls. Most in the field are quick to dismiss this problem, claiming the U.S. is still well ahead of China. But it’s still prudent to take into account the existence of a competitive, cheap, Chinese model.

The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host.

Art of the Hostage Deal | The Roundtable Ep. 289

Political skills are the skills to build trust, influence, and persuade others to support a decision within a political context. These abilities underpin effective political leadership, advocacy, and decision-making, yet they are often invisible and difficult to define. This is especially true for people from minority backgrounds who may not be as familiar with Australian cultural and political norms.

As the Executive Director of Per Capita, one of Australia’s leading progressive think tanks, Dr Chau brings both academic depth and lived experience to this topic. Her personal journey has required her to learn and refine these skills intentionally — from grassroots advocacy and community organising, to serving on ministerial advisory councils, and now shaping national debates on equity and inclusion. Along the way, she has navigated the challenges of cultural identity and leadership in spaces where diverse voices are often underrepresented.

At the October 2025 John Cain Lunch Dr Chau explored how political skills are developed and applied, particularly in environments where power and representation are contested.

Watch the recording below.

This interview is also available on podcast platforms and Rumble.

For decades, clandestine foreign military and intelligence operations have been the deadly, destabilizing engine of American foreign policy. Today, as exposed by investigative journalist Seth Harp in his new book The Fort Bragg Cartel, 21st-century Special Forces operations have become their brutal, logical successor.

On this episode of Dollars & Sense, Greg and Elinor discuss the latest World Economic Outlook from the International Monetary Fund, the latest trade spat between the United States and China, why fewer Australians are travelling to America, and the Australian Government’s backdown over superannuation.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via the Australia Institute website.

This discussion was recorded on Wednesday 15 October 2025.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

The IMF reckons the global economy remains ‘in flux’, but the Trump effect is real – and Australians aren’t fooled by Greg Jericho, Guardian Australia (October 2025)

Listen to the full conversation on the Perspectives Journal podcast, available to subscribe on Spotify, Apple Podcasts, YouTube, Amazon Music, and all other major podcast platforms.

Environment Minister Murray Watt is known as Labor’s political “fixer” – Australians have given him the opportunity to fix something for us, and our planet.

The Environment Protection and Biodiversity Conservation Act (EPBC) was enacted in 2000 as the country’s first attempt at a holistic approach to balance the desire for growth with the need for environmental protection.

At the same time, the world was beginning global efforts to reduce emissions and stabilise the climate.

The Howard government failed to integrate action on climate with protecting and restoring nature. It was a failure repeated by successive governments.

The original EPBC Act did not include a mechanism for dealing with growing emissions and climate change. But Australia had at least signalled its intention to be part of global efforts to stabilise the climate, with then-environment minister Robert Hill signing the Kyoto Protocol in 1997.

Hill always stuck to his guns on the environment. At a fossil fuel-sponsored conference in Canberra, Hill took the floor and, staring down the captains of industry, said: “I have stated many times, and will do so again, that Australia accepts the balance of the scientific evidence which suggests that human activity is accelerating the increase in the Earth’s average temperature.”

It was a backbone not found on this issue with the then-prime minister, John Howard. No doubt under pressure from fossil fuel interests, the PM refused to ratify the Kyoto Protocol, which his environment minister had signed the country on to.

Natalia Emanuel, Pim Welle, and Valentin Bolotnyy

In his recent Provocation, Claremont Institute Washington Fellow Scott Yenor savagely criticizes Justice Ruth Bader Ginsburg’s 1996 opinion in US v Virginia, writing that her opinion “banned single-sex education at Virginia Military Institute (VMI).” Yenor asserts that Ginsburg portrayed “single-sex institutions [as] artifacts of prejudice” and calls for a reversal of US v Virginia and the establishment of all-male military schools in the model of VMI pre-1996. The problem is that Yenor misrepresents what Justice Ginsburg actually said. Additionally, he does not even mention Chief Justice Rehnquist’s concurrence, which needed to be addressed for his argument to carry any weight.

Justice Ginsburg’s opinion begins by acknowledging that “Single-sex education affords pedagogical benefits to at least some students, Virginia emphasizes, and that reality is uncontested in this litigation.” Instead of admitting women to VMI, the Commonwealth offered women admission to the Virginia Women’s Institute for Leadership (VWIL), a women’s program based at Mary Baldwin College.

When coal prices hit a record $280 per tonne in 2023, Adani sold Queensland coal to Indian buyers for $100 per tonne, drastically reducing royalty payments to Queenslanders.

The current LNP government abandoned court action to recoup the payments in August this year, a case started by the former Labor government.

“Adani was almost giving coal away at mates rates right at the time when Queenslanders were struggling most with record energy prices in 2023,” said Rod Campbell, Research Director at The Australia Institute.

“Just as the Federal government gives away Australia’s gas resources for free, the Queensland government is now effectively giving away $400 million worth of free coal.

“That $400 million could have tripled the state’s $100 Back to School Boost payment for primary school students or paid for a year’s worth of free school lunches.

“Budgets are about choices, and the Queensland government has to choose between letting foreign-owned fossil fuel companies dodge their payments or whether to spend more on services for ordinary Queenslanders who are struggling.

“After winning the federal election, Prime Minister Anthony Albanese spoke of ‘doing things the Australian way’ and of ‘progressive patriotism’.

“This new research shows that the Queensland government could use a dose of progressive patriotism as well.

“Despite being one of the world’s largest exporters of gas and coal, Australians are paying high prices for energy.

Call for papers "Financialization Studies in Latin America: Agendas and Perspectives" Abstracts due October 20, 2025


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Call for papers: Financialization Studies in Latin America: Agendas and Perspectives”

It’s unreasonable.

Yesterday, Jamelle Bouie, a popular progressive columnist for the New York Times mused on Bluesky that “a commitment to public health obligates you to get vaccinated and, when you are sick, do what you can to avoid spreading that to other people. The demand that one mask at all times in public spaces is, I think, unreasonable.”

Before I begin this column, I’ll note that I quite like Mr. Bouie’s writing. It’s why I follow him. This piece isn’t intended as a nasty takedown or anything of the sort; it’s intended to respond to a broader cultural sentiment raised here: masking is unreasonable, and what I find interesting about this particular framing.

So the federal government is shut down. I’ve been late to covering this story because of my focus on events at the Federal Reserve.  Well, that was true when I first wrote that sentence. I then became ill for a full week which has delayed me even more. Fortunately for me, and unfortunate for everyone else, the government shutdown is still underway, so what I have to say is still relevant. There has been so much news packed into this year, it's been impossible to keep up.

On this episode of Follow the Money, Leanne Minshull and Ebony Bennett discuss the Federal Government’s efforts to push through changes to Australia’s busted environment laws with the support of the Coalition.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via Australia Institute Press.

Guest: Leanne Minshull, co-CEO, the Australia Institute // @leanneminshull

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebonybennett

Show notes:

This shocking deal is a gross betrayal of millions of voters by Ebony Bennett, The Canberra Times (October 2025)

Top Australian scientists unite in defence of science on Maugean skate, the Australia Institute

Gizem Kosar and Davide Melcangi

The 18th Annual Wheelwright Lecture in Political Economy was held at the University of Sydney on 10 September 2025.

The 2025 event, part of a suite of events celebrating the 50th anniversary of Political Economy at the University of Sydney, was delivered by Emerita Professor Raewyn Connell on the topic “Should we abolish universities?”

Thank you to everyone who was part of this special occasion!

Here is the recording of the lecture and photos from the night.

Recording

Photos (Credit: Bill Green, The University of Sydney)

Full album available for viewing here.

By Ruth Puttick

Across the world, cities are where the future happens first. From tackling climate change to shaping inclusive economies, local governments are on the frontlines of humanity’s greatest challenges. Yet, while expectations for cities grow, the tools, data, and support they need to deliver often lag behind.

That’s why the scaling of the Public Sector Capabilities Index marks an important milestone. Over the past two years, in partnership with Bloomberg Philanthropies, the Index has been co-developed with more than 200 government officials across 45 cities and over 100 urban experts.

A first-of-its-kind tool, the Index is designed to help city governments, and those that support their efforts, to assess, strengthen, and celebrate cities’ ability to solve problems, deliver for their residents, and contribute to addressing global challenges.

From “Black Jack” Pershing’s pursuit of Pancho Villa deep into Chihuahua to fentanyl streaming into the United States, Washington forgets that the southern border has always been a battlefield.

In August, Mexican President Claudia Sheinbaum declared, “We will never allow the US army or any other institution of the US to set foot in Mexican territory.” Her words came after reports that President Trump had signed a directive authorizing the Department of War to conduct military operations against Latin American cartels designated as Foreign Terrorist Organizations, Sinaloa foremost among them.

In Washington the rubric was “hemispheric defense.” In Mexico City it was heard as the prelude to invasion. Both capitals spoke as if the prospect was novel. But it is not.

American forces have crossed the Rio Grande in uniform far more often than most Americans realize. The Mexican-American War of 1846 amputated half of Mexico’s territory. Then, there were the Las Cuevas War of 1875 and the “Bandit Wars,” a series of raids by Mexican outlaws into Texas from 1915–1919. Even the obscure Garza Revolution of the 1890s followed the same logic. When cross-border violence spilled north, the United States answered not with demarches but with dragoons. Mexico remembers. But Americans forget and then declare the next repetition “unprecedented.”

For those of us who hold out hope that the pontificate of Pope Leo XIV, the Chicago-born bishop and missionary to Peru, Robert Prevost, will lead to more Christ-centered and less ideological leadership from Rome, the last few weeks have been disappointing. 

First, a 2023 video of the new pope resurfaced, where he spoke about the need to welcome people of diverse “lifestyles” to the Church (this follows the lead of his immediate predecessor Pope Francis), although he assured us that there had been no change of doctrine, at least “not yet.” Can one imagine Christ telling the adulterous woman whom he saved from stoning in the Gospel of John (John 7:53-8:11) not “to sin no more” but to continue in her “lifestyle” while being welcomed to his Kingdom? Or St. Paul’s exhortation to the Corinthians, where he declines to chide these new Christians for their gross resort to sin and moral corruption, but encourages them to remain steadfast in their less-than-admirable “lifestyles”?

Pope Leo was also near silent about the killing of the Catholic schoolchildren by a trans fanatic in Minneapolis, initially treating it as an unfortunate example of gun violence. As Rod Dreher has pointed out, on the day Charlie Kirk was assassinated, the pope tweeted about migrants on the island of Lampedusa. While anti-Christian violence spiked, Rome seemed to fiddle.

Today, we commemorate Christopher Columbus, the man whose daring voyage across the Atlantic in 1492 initiated the Age of Discovery that reshaped the world. Columbus’s prediction that a western route to Asia was possible was not correct in its specifics, but he did not have to be correct to change the world. His legacy is about the spirit that drove him: a spirit of exploration, courage, and leadership.

Columbus’s journey across the Atlantic was no small feat. In an era when ships were fragile and navigation rudimentary, Columbus and his crew faced uncharted waters and unpredictable storms. The dangers were not merely physical; the psychological toll of sailing in the open sea, with no guarantee of land appearing on the horizon, tested the limits of human endurance. Columbus’s men urged him to turn back, but he pressed on, navigating not only the seas but also the fragile morale of his crew.

What does it mean to celebrate such a man? As Ralph Waldo Emerson wrote, we raise monuments to men as well as the spirit that moved them:

Spirit, that made those heroes dare
To die, and leave their children free,
Bid Time and Nature gently spare
The shaft we raise to them and thee.

This spirit continues to inspire. We honor Columbus not just for what he achieved, but for the qualities that made his achievements possible.

As soon as Trump took his seat in the Oval Office that (distant) January of 2025, he signed his first 26 executive orders, one of which initiated the process of classifying eleven Latin American cartels—many of them Mexican—as terrorist organisations. Since then, collective psychosis has erupted, fuelled by speculation about possible military interventions. Although the political, economic, and diplomatic costs make a military incursion into Mexico unlikely, Venezuela appears in the equation as a more feasible and less geopolitically risky target, and one more profitable in the political calculations of MAGA’s interlocutors. On the 3rd of September, the Pentagon bombed Venezuelan unarmed and small ships in international waters in the Caribbean, allegedly and speculatively, belonging to the Cartel of the Soles. How far a potential military advance aimed at destabilising Nicolás Maduro’s government in the name of combating the grotesque figure of narco-terrorism could escalate remains unknown and politically contingent, but this tension illustrates a deeper geopolitical and historical problem: sovereignty in post-colonial Latin America has always oscillated between fantasy and fragility.

Columbus Day ought to provoke reflection as much as celebration—and not just because the White House is emphatically committed to the latter. It was the right move, of course, for the administration to confidently reject acts of erasure like “Indigenous Peoples Day,” and the whole apparatus of academia, media, and elite-left cultural bludgeoning behind it. We should understand what exactly was meant to be erased.

Although Columbus Day in its historical roots is a de facto holiday for Italian Americans, that group was never really the target of those attacking Christopher Columbus or the holiday in his name. Rather, the opposition to Columbus and his day came due to enmity toward the values and roots of those Italian Americans—and every other American worth the name.

Columbus’s Journal of the First Voyage opens with “In nomine Domini nostri Jesu Christi (In the name of our Lord Jesus Christ),” revealing that his journey was an act of faith. He navigated the dangerous waters of the Atlantic to bring about the evangelization of the world foretold in sacred Scripture.

On this episode of After America, Elizabeth Pancotti, economic policy specialist and former advisor to Senator Bernie Sanders, joins Dr Emma Shortis to discuss the US government shutdown and how the Trump administration is using it to further consolidate power.

This discussion was recorded on Friday 10 October 2025.

Tickets for America Unravelling, featuring Emma Shortis and Don Watson, on Sunday 19 October at the Queenscliffe Literary Festival are available online.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via Australia Institute Press.

Guest: Elizabeth Pancotti, Managing Director of Policy and Advocacy, Groundwork Collaborative // @ENPancotti

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Show notes:

October 13-15, 2025, Washington D.C. Streaming available for some sessions


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Eighth Interdisciplinary Sovereign Debt Research & Management Conference”

This is a more personal entry at Heidi Says than some others. I wanted to share with you what I am doing, day to day, in the hope that I might inspire some of you to try to incorporate the fight against Republican Fascism into your own daily lives.

Once again, this past Saturday, October 11, 2025, I had the chance to participate in Indivisible Santa Fe's Speakers' Corner. It was a rainy, somewhat chilly day but we had more Indivisible Santa Fe members turn out than the previous, sunny session the Saturday before.

I spent some of my time urging my fellow Santa Feans to use our liberty and our current relative safety to speak out against what the Trump regime is doing in Chicago, Portland, and throughout California, where he and his minions, Kristi Noem, Pete Hegseth, and Pam Bondi have installed terroristic federal agents and threatened to put federalized National Guard troops on the streets.

In this current financial year, an estimated $21 billion in superannuation tax concessions will flow to the richest 10% of Australians – more than is spent on either child care subsidies, government schools or the estimated $13.6 billion that it would cost the government to include dental in Medicare.

The proposed changes would only affect around 0.5% of people with superannuation and would have been a very small but vital attempt to redress the gross imbalance in the system.

Australia Institute research shows the vast majority of people under 30 will never have more than $3 million in superannuation.

“The government’s watering down of the changes, by indexing the $3 million with inflation, and ruling out taxing unrealised capital gains will be of great comfort to those who abuse the superannuation system in order to avoid paying tax,” said Greg Jericho, Chief Economist at The Australia Institute.

“The tax system needs reform to make it fairer and to remove distortions such as the capital gains tax discount which has greatly contributed to the housing affordability crisis.

“These changes do little to rein in massive inequality of the superannuation tax system.

“The government’s decision today will embolden those who prefer a tax system that favours the rich.”

“Single JobSeeker [payment] just hit $400 a week. Let me know how you’d go if you were getting that little and were randomly not paid.”

This comment, from the people behind Nobody Deserves Poverty, points to the ignored cruelty at the heart of one of Australia’s most shameful open secrets.

The mutual obligations system – the system by which we set (through privatised “job providers”) mostly demeaning and useless tasks for unemployed people to meet in order to receive their welfare benefits – is documented to cause harm, with little evidence it actually does anything to meet its main objective: get people into work.

The system is so convoluted and already stacked against people that even without the issue of lawfulness, it would still be not just harmful, but useless. In terms of punishing people, it is working as intended. But governments tend to pay attention when harm can also be considered unlawful, and that’s the issue here.

When the Coalition introduced the Targeted Compliance Framework (TCF) in 2017-18, it gave private job agencies the power to punish “non-compliant” job-seeker behaviour without the checks and balances of government.

If a job agency decides that one of their “clients” hasn’t met their mutual obligations – or just screws up and doesn’t report that they have – welfare recipients literally pay the price. Their payments can be suspended, or they can be forced into menial work-for-the-dole programs, without any consideration of their suitability. Concerns were raised almost immediately.

The ethics of artificial intelligence are increasingly being framed in ways that risk missing the real point.

In recent years, some companies have begun to speak of “model welfare,” as though machines themselves might be entitled to dignity. Proposals include allowing chatbots to withdraw from unpleasant conversations, treating models as though they might one day suffer, and designing systems that symbolically protect their “feelings.” 

Anthropic’s decision to let its chatbot Claude “exit” distressing interactions is one such example. While company openly concedes that there is no evidence Claude is conscious, it still justifies the measure as a safeguard against hypothetical harm. This is best understood as a pseudo-risk, a precautionary step to address the possibility of machine suffering for which there is no evidence. 

Buy my new book “A Genocide Foretold"

A young person wanting to learn something of American history could do worse than to watch the works of director John Ford (1894-1973).

One of the great American filmmakers—in my view, the greatest—Ford delved deeply and repeatedly into American history, and not just that of the American West for which he is most famed. You also have Ford’s films on the Second World War (including the award-winning war documentaries he made while on active duty for the U.S. Navy), Abraham Lincoln, and the Great Depression. There are Ford films that take place during the American Revolutionary War, the American Civil War, and the First World War. Themes addressed in his films include American race relations, immigration, religion, and urban politics.

One of Ford’s crowning achievements is the so-called Cavalry Trilogy, three films starring John Wayne about the U.S. Cavalry in the West, made between 1948 and 1952. They are all about the same subject and in roughly the same setting, but the story and characters are different in each.

I’d like to propose that John Ford had a second trilogy—perhaps more loosely connected than the Cavalry films, certainly less known and less celebrated, but still a triumph of All-American filmmaking and worthy of rediscovery.