Fair dinkum! The Prime Minister called us out over a gas tax

Australia could raise around $17 billion a year with a 25% gas export tax – enough to put dental in Medicare or fund free childcare – but the government is choosing not to.

On this episode of Dollars & Sense, Greg and Angus discuss why Prime Minister Anthony Albanese said the Australia Institute needs to get “fair dinkum” about gas exports, the post-budget meme-wars over capital gains tax, and the “death tax” scare campaign.

This discussion was recorded on Thursday 21 May 2026.

Visit The Point for research, analysis, explainers and factchecks from experts at the Australia Institute and beyond.

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

Host: Angus Blackman, Executive Producer, Podcasts, the Australia Institute // @AngusRB

Show notes:

Death, taxes and scare campaigns: here’s the truth about Labor’s budget changes by Greg Jericho, Guardian Australia (May 2026)

Keating backs CGT reforms, says Howard changes made house prices "blast off" by Greg Jericho, The Point (May 2026)

Government CGT Changes – Structurally Sound, statement by former Prime Minister Paul Keating (May 2026)

Conservative newspapers are stoking fears CGT changes will hurt young Australians — despite very few being affected by Greg Jericho, The Point (May 2026)

The case for a gas export tax, explained by Richard Denniss, The Point (May 2026)

Australia's Gas Giveaway, the Australia Institute

Richard Denniss responds to Anthony Albanese, the Australia Institute on BlueSky (May 2026)

Theme music: 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. Subscribe to Dollars & Sense on Apple Podcasts, Spotify, Pocket Casts or wherever you get your favourite podcasts.

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