Australia’s fossil fuel subsidies are out of control

Australia’s fossil fuel subsidies are out of control

Now costing Australian governments $31,020 per minute, fossil fuel subsidies are growing faster than spending on the NDIS.

On this episode of Follow the Money, Rod Campbell and Ebony Bennett discuss why it’s time to call out the idea that governments can’t afford to support Australians in need yet still dish out $16.3 billion on fossil fuel subsidies in 2025-26 alone.

This episode was recorded on Tuesday 17 March.

What we owe the water: It's time for a fossil fuel treaty by Kumi Naidoo is available now for just $19.95. Use the code 'PODVP' at checkout to get free shipping.

You can also subscribe to the Vantage Point series to get four essays a year on some of the most pressing issues facing Australia and the world.

Guest: Rod Campbell, Research Director, the Australia Institute // @rodcampbell

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

Show notes:

Fossil fuel subsidies in Australia 2026 by Matt Grudnoff and Rod Campbell, the Australia Institute (March 2026)

Australia’s great gas giveaway, the Australia Institute (May 2024)

Joseph Stiglitz on super profits, capital gains and why corporate tax is good for democracy, Follow the Money (February 2026)

Theme music: Pulse and Thrum; additional music by Blue Dot Sessions

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

Support Follow the Money: https://nb.australiainstitute.org.au/donate

See omnystudio.com/listener for privacy information.

Jaksot(413)

Defending nature with Bob Brown

Defending nature with Bob Brown

Protecting Australia’s incredible natural environment from bad policy, spurred on corporate interests and a hostile media, can sometimes feel like an impossible task. But sometimes, people power wins ...

12 Marras 202539min

A broken university system is letting Australia down

A broken university system is letting Australia down

Poor governance, poor policy and decades of neoliberalism have broken Australia’s university sector, with devastating consequences for students and the country. On this episode of Follow the Money, Ri...

5 Marras 202532min

Mates’ rates and why Australia can’t have nice things

Mates’ rates and why Australia can’t have nice things

Australia’s natural environment is in crisis and its wealth is disappearing into the hands of a few powerful fossil fuel companies – but it doesn’t have to be this way. On this episode of Follow the M...

29 Loka 202524min

Albanese visits Trump as US democracy circles a golden drain

Albanese visits Trump as US democracy circles a golden drain

Anthony Albanese’s meeting with Donald Trump was relatively drama-free, but the devil is in the detail when it comes to the president’s ‘commitments’ on AUKUS and critical minerals. On this crossover ...

22 Loka 202533min

Fixing Australia's "arse-backwards" environment laws

Fixing Australia's "arse-backwards" environment laws

Environment laws that don’t stop new gas and coal are like putting screen doors on a submarine. On this episode of Follow the Money, Leanne Minshull and Ebony Bennett discuss the Federal Government’s ...

15 Loka 202524min

Australia is a rich country that taxes like a poor one

Australia is a rich country that taxes like a poor one

If Australia just collected the OECD average in tax, the government would have an extra $130 billion a year to spend on essential services like health and education. On this episode of Follow the Mone...

8 Loka 202525min

Will Australia step up on the global stage?

Will Australia step up on the global stage?

With the international order changing rapidly, there’s never been a more important time for effective Australian diplomacy. On this episode of Follow the Money, Dr Emma Shortis and Glenn Connley discu...

1 Loka 202533min

Government still ignoring climate reality

Government still ignoring climate reality

One and a half million Australians could be at risk from rising sea levels, yet the Government continues to approve new climate destroying fossil fuel projects. On this episode of Follow the Money, Au...

24 Syys 202534min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
ootsa-kuullut-tasta-2
politiikan-puskaradio
rss-ootsa-kuullut-tasta
tervo-halme
rss-pinnalla
rss-podme-livebox
rss-asiastudio
otetaan-yhdet
aihe
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
radio-antro
rss-vaalirankkurit-podcast
rss-ulkopoditiikkaa
rss-mina-ukkola
rss-raha-talous-ja-politiikka
viisupodi
rss-virkkusvartti